FACTA REPORTING FELL SHORT PART TWO

FACTA reporting fell short part two. The reason Congress wants to tighten up the FACTA reporting comes on the heels of the Pandora Papers and Panama Papers leaks, where hundreds of politicians, rich individuals, celebrities, and sports figures, were hiding billions from tax authorities all over the world, including the United States. It is estimated […]

COMMON TAX MISTAKES TO AVOID

Common tax mistakes to avoid. Small errors lead to expensive tax bills. Tax software–of the old fashioned paper forms and calculations–won’t help much when the numbers that human beings use in the first place are flawed. Finding and entering tax information often isn’t always easy. “That part of the process requires reading comprehension and critical […]

MANY AMERICANS WILL OWE TAXES IN APRIL

Many americans will owe taxes in april. That may come as a shock after passage of the Tax Cuts and Jobs Act, but the truth is that the bill President Trump and the Congress passed is turning out to be a case by case basis, for many people. Even though the majority will get a […]