Tax Relief for Farmers Who Got Incorrect Obamacare Tax Forms
Under Code Sec. 36B(a), certain taxpayers are allowed a refundable premium tax credit to help afford health insurance bought through an Exchange. On Feb. 20, [...]
Can My New Business Keep My Old EIN?
Any time a business is considering any type of restructuring or reorganization the business should not forget the significant, but often overlooked detail of EIN [...]
Identity Theft and Your Federal Tax Refund: what to do if your tax identity has been stolen
For any American, the threat of identity theft is real. It's even more scary, however, when fraudsters assume another's identity in order to steal federal [...]
The President’s “Trust Fund Loophole” is Really an Attack on Basis Step-Up
I listened to the President's State of the Union address tonight--mainly to get more insight on his tax proposals--and was disappointed at the lack of [...]
“Trust Fund Loopholes” To Be Attacked in State of the Union Address
President Obama has tipped his hand on key components of this evening’s State of the Union address. It has been widely publicized that the President [...]
Relief From Penalties Due to Partnership’s Late Filing
While it is true that partnerships themselves do not pay federal income taxes, a Form 1065 partnership return is still required to be filed annually [...]