Mar
19
27 comments
The Internal Revenue Code imposes a tax on an individual who abandons his U.S. citizenship for the principal purpose of avoiding U.S. taxes. The expatriation tax applies to citizens who lose U.S. c.....

Mar
12
5943 comments
An S corporation may voluntarily terminate its status by filing a statement with the Internal Revenue Service Center where the original election was filed. In order to properly revoke an election, .....

Mar
05
17 comments
Piles and piles of tax returns, papers, bank statements, and canceled checks are accumulating in your attic. Just how long do you have to keep all of this? The general rule is that you must.....

Feb
27
18 comments
When a couple files a joint tax return, they are considered a single economic unit in the eyes of the Internal Revenue Service. But not every "couple" is entitled to file a joint return. Only a mar.....

Feb
20
15 comments
It is 11 p.m. on April 15th, and you have finally finished preparing your income taxes. But before you grab your coat and head off the to post office, where you know you will have to wait in line e.....
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Feb
15
499 comments
The Internal Revenue Service is at war with abusive tax return preparers who frequently prepare bad returns for large numbers of taxpayers who end up paying additional taxes and interest. In additi.....
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Jan
30
11 comments
State and local property tax statutes have a common goal, which is to ensure that owners bear an equal proportion of the tax burden in relation to other owners based on the relative value of their .....

Jan
23
17 comments
As a volunteer worker in the Peace Corps or similar agencies, you most likely will receive certain payments in the form of allowances or reimbursements. The Internal Revenue Service has provided th.....
Tags : PeaceCorps, VISTA