The IRS is reviewed regularly by the Treasury inspector general for tax administration, also known as TIGTA. It was recently noticed that many taxpayers were charged […]
One of the special tax benefits you could consider is to give appreciated assets (stocks, real estate) to charity instead of writing them a check. Suppose […]
It has been going on for several years. U.S. corporations have subsidiaries in Ireland and report big profits there. The basic tax rate for corporations in […]
Ty Warner, creator of Beanie Babies, has agreed to pay a $53,000,000 penalty after being accused of federal income tax evasion for failing to report millions […]
Congress has special tax rules for ministers and clergy. Internal Revenue code section 107 provides “…gross income does not include, in the case of a minister […]
INSTALLMENT SALES ARE USEFUL By John R. Bullis Installment sales are a useful tool in solving a number of problems such as business continuation, income tax […]
