Current Articles

• Update On Economic Nexus Around The Country
  By Monika Miles
  Economic nexus continues to be a hot topic in the sales tax world. Since the U.S. Supreme Court Case of South Dakota v. Wayfair (June 2018), almost all states have enacted economic nexus laws as they […]
• Taxpayers Can Compare Eligibility And Benefits Of Two Education Credits
  By IRS
  There are two education credits that can help taxpayers with higher education costs: the American opportunity tax credit and the lifetime learning credit. There are several differences and some […]
• Washington D.C. And Washington State Taxes
  By Aaron Giles
  Washington DC Sales And Use Tax The District of Columbia, Washington D.C., levies a 5.75% state sales tax on the retail sale, lease or rental of most goods and some services. There are no additional […]
• We Are Searching For Victims Of IRS Form 3520 And 3520-A
  By TaxConnections Admin
  It all started with the letter written by one of our members, Gary Carter who wrote an article titled Foreign Trusts: IRS Penalty Notices For Late Forms 3520-A Traumatize Many Innocent Taxpayers. The […]
• Understand How To Report Foreign Bank And Financial Accounts
  By Kat Jennings
  In a global economy, many people in the United States have foreign financial accounts. The law requires U.S. persons with foreign financial accounts to report their accounts to the U.S. Treasury […]