The IRS’s New Passport Program (Part 1 of 2)

Nina Olson

In 2015, I wrote a blog post analyzing IRS collection performance, looking at the effects of different drivers of collection such as notices, installment agreements, liens, levies, and refund offsets. Today, I’d like to pick this topic back up, but focus on a collection issue associated with new legislation. In late 2015, Congress passed the Fixing America’s Surface Transportation Act (FAST Act), which aimed to boost tax collection through two avenues: Read More

An IRS Hot Button – What Is Really The Cost? Part II

Jim Marshall, real estate, cost basis

Previously, I discussed keeping documented support for the basis of real estate. The easy part was the purchase and direct capital expenditures. But consider some of the other factors that directly impact your basis. Sale of an easement or eminent domain transfer, is it a sale, what is the allocated basis, does it diminish the remaining property value and if so how much? Read More

Using Video to Grow Your Tax Business – Webinar June 29

Kat Jennings

Do you have a brief video on your website? If not, you’re missing the biggest thing in online content. TaxConnections in conjunction with the Local Marketing Solutions Group is holding the following webinar “Using Video to Grow Your Tax Business” on Thursday, June 29th. Read More

Everything About New York’s Online Sales Tax

Monika miles, online sales tax, new york,

Overall, the topic of collecting online sales tax is not as cut and dry as some would first assume, with ambiguous meanings and regulations, often confusing business owners. And hopefully, that’s where we come in to help!

In our series we have talked about multiple states, including Nevada, Washington, and Colorado, and how each one handles the issue surrounding online sales tax for their state; up next in the lineup is New York. Read More

Practice Ignition Training Webinar – Wednesday, June 28th

Practice Ignition is designed to assist accountants manage their engagement letters, client payments and raise invoices. For you as a business owner, another major advantage of the software is also the ability to process your tax engagements (in addition to your normal engagements). There are three key benefits to this:

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U.S. Tax Planning After BEPS

Ron Marini

Previously, we discussed that more than 100 jurisdictions have concluded negotiations on a multilateral instrument(MLI) that will swiftly implement a series of tax treaty measures to update international tax rules and lessen the opportunity for tax avoidance by multinational enterprises.     Read More

Gain New Clients With Virtual Tax Office – Free Webinar

Kat Jennings

TaxConnections promotes your business and our Virtual Tax Office will reduce your business overhead costs by thousands of dollars a year. We guarantee it!

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IRS Crackdown And The Future Of Tax Amnesty Programs

Ephraim Moss

With the recent heavy focus on Congress and the Trump’s administration’s tax reform proposals, it can be easy to forget that the IRS continues to proactively crackdown on offshore tax evasion. Read More

U.S. Now Revoking Passports of Taxpayers With Unpaid Taxes!

Ron Marini

The tax code now provides for authorities to revoke or deny the passport of any U.S. taxpayer who has unpaid taxes in excess of $50,000 or who have not obtained or won’t provide a Social Security numbers. The IRS updated it website to state that the IRS had not yet started certifying tax debt to the State Department. However, Certifications to the State Department will begin in early 2017 and this webpage will be updated to indicate when this process has been implemented. Read More

U.S. Expatriates Guide To Living In Greece

Living in Greece is an incredible experience for a number of reasons, including the friendly locals, the culture, history, architecture, climate, beaches and islands, not to mention easy access to the rest of Europe. As an American expatriate living in Greece though, what exactly do you need to know regarding filing U.S. expat (and Greek) taxes? Read More

Tax Job – Tax Manager/ Partnerships – Pleasanton, CA

Kat Jennings, TaxConnections CEO and internationally recognized tax search consultant, has worked with many firms over the years. One of her clients is an East Bay Area boutique tax practice with former Big Four Tax Partners and has grown to around a 50-person tax practice. They offer a culture of support, respect, flexibility, and opportunity that is refreshing to experience these days.

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U.S. Expat Mistakes: Part I

Manasa Nadig

United States is one of the few countries in the world in its Citizen-Based-Taxation format. This means that no matter where you live, you need to be current on your U.S. tax filing if you are a U.S. Citizen or Green Card Holder. You are known as an Expatriate or Expat (for short) if you are a U.S. citizen or green card holder living outside the United States.   Read More