IRS Tax Audit Representation: Why Is It Important?
The Tax Audit. It’s a phrase that has long struck fear into the hearts of many a person. Yet despite its menacing reputation, the IRS system for identifying problematic returns is not necessarily about targeting specific individuals. In reality, most returns are accepted as submitted. However, with random sampling and computerized screening, more and more […]
Understanding FIRPTA Tax Withholding: What You Need to Know
Buying and selling real estate in the United States can be a complicated and stressful matter. Add to the mix the issue of when an individual engaged in such real estate transactions is a foreign national; the complexity can be even more daunting. This is particularly true when considering the tax implications of such business […]
Projecting Future Finances: A Comprehensive Guide to Tax Projections
When it comes to financial planning for either an individual or business entity, knowing how to project and determine how much you’ll owe in taxes at a future date is an essential component for smart personal and business financial planning. The process can be daunting. It may feel as if you need a crystal ball […]
Top Tax Strategies for Retirement
You’ve worked hard and saved all your life. Now being in retirement (or soon to be), it’s a time to enjoy the fruits of that labor. However, managing your finances during this key period requires careful planning, especially when it comes to taxes. This is particularly true with tax rates at somewhat historically low levels […]
