WHERE IS MY REFUND GUIDE

Where is my refund guide. The easy way to see if your refund is on the way, is to check the Where’s My Refund tool at the IRS website, IRS.GOV Those who might not file a tax return will want to this as that will enable them to get the child tax credits passed into […]

IRS TAX COURT EASEMENT CASE

IRS tax court easement case. In our ongoing coverage of Tax Court cases, we highlight this case, which discusses easement issues. The Internal Revenue Service urged taxpayers involved in designated syndicated conservation easement arrangements to consult with their tax advisors following a recent U.S. Tax Court decision and agency plans to continue enforcement efforts in […]

TAX RELIEF FOR FORMER CITIZENS

Tax relief for former citizens. The IRS announced procedures for certain persons who have relinquished or intend to relinquish their United States citizenship and who wish to come into compliance with their U.S. income tax and reporting obligations and avoid being taxes as a “covered expatriate” under section 877A of the U.S. Internal Revenue Code […]

DIGITAL ECONOMY TAX ISSUES

Digital economy tax issues. Cross border taxation of digital transactions presents many challenges to countries and multinational companies. Some countries have acted unilaterally to impose digital taxes, while international organizations have been working to develop multinational approaches. Given the nature of the challenges and the currently fragmented solutions the Association of International Certified Professional Accountants […]