TaxConnections


 

Safeguarding Form 4361

John Stancil

A minister who wishes to be exempt from social security/Medicare tax must file a Form 4361 with the IRS for approval. Before your application can be approved, the IRS must verify that you are aware of the grounds for exemption and that you want the exemption on that basis.

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Check Out The Job Board At TaxConnections

Looking for a tax job? Trying to kick-start your career in a new city? At TaxConnections, we try to connect you with the best tax opportunities available. The tax job opportunities listed on our website are some of the projects that are available across the United States.

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40% Off Classes For CPE Credits From ACPEN

Kat Jennings

The new year is upon us, and it may be time to get some CPE Credits. If you are thinking about enrolling in a course, take a look at those offered through a partnership between TaxConnections and ACPEN. The courses offered by ACPEN cover a range of topics and ideas, and vary in time and price. If you only need a few CPE credits, you could easily manage to obtain those through a webinar that is provided.

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Webinar – January 19th – Using Video To Boost Business

Understanding and using video is a powerful tool to have for your business. Looking at past trends, 2016 seems to be a huge year for using video. it has been reported that 61% of businesses in the United States have started using video as a form of marketing. About 66% of these business did not use video in 2015.

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Repealing Obamacare – Costs and Issues!

Annette Nellen

The 115th Congress started on January 3 and repeal of Obamacare (the Affordable Care Act) has begun. Here is information from Majority Speaker Paul Ryan including the budget resolution to help with the repeal. He states:

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TaxConnections – Looking For A Tax Job?

Tax Jobs

Looking for a tax job? Trying to kick-start your career in a new city? At TaxConnections, we try to connect you with the best tax opportunities available. The tax job opportunities listed on our website are some of the projects that are available across the United States.

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International FAQ – Deconstructing Director’s Liability

Grant Gilmour

What is a Director’s Liability?

As a Director of a Corporation you are responsible for ensuring the entity makes the appropriate filings and remittances of amounts held in trust to the Canada Revenue Agency such as GST/HST and payroll deductions.

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IRS Commuting Rule: Mileage Rules & Commute Definition

MileIQ

If you drive your car for work, you can take a mileage deduction on your taxes. Yet, many people don’t know the IRS has some strict rules on what is deductible business driving. There’s no such thing as a “commuting to work tax deduction.” But there are circumstances where your drive from home could be tax deductible. Learn about the IRS commuting rule.

Start Tracking Your Business Mileage For Free With MileIQ

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A Holiday Gift: What To Do About The Unfiled FBAR – Part 2

John Richardson

Yesterday, we started this blog post to hopefully encourage those with U.S. tax issues to consider whether they can deal with minor/unintentional FBAR violations as a “stand alone single problem”. There may be no need to escalate and expand one single problem into a multi-dimensional full blown tax problem that may end up with unintended and unanticipated costly professional fees as well as undue time spent! Read on and learn why. Keeping a calm head is most important, even if it is most difficult to do in the face of the scary situation of not being in compliance with the U.S. tax and regulatory regime.

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U.S. Corporate Tax Rate Changes In 2017

Kat Jennings

2017 is finally upon us. There are a lot of changes that we should expect to happen to taxes over the course of the next few years. But as of the first, many states have already begun changing their tax codes. Corporate income taxes are one of the areas in which we will be seeing multiyear reductions and reforms. We will look at the five states (four states and capital) that reduced or will reduce their corporate tax rates in 2017: Arizona, The District of Columbia, Indiana, New Mexico, and North Carolina.

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Multistate Tax: The Top 3 State Tax Issues For 2017

Monika Miles

Happy New Year!

I always like the fresh feeling of a New Year – a clean desk, a new calendar, and a relaxed and grateful frame of mind from coming off of the holidays. I’m particularly excited about 2017 because it’s a year of special milestones and anniversaries for me – both personally and professionally, and I’m a big believer in celebrating those special occasions. I’m not sure exactly what the year will bring, but I have big expectations for it.

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A Holiday Gift: What To Do About The Unfiled FBAR – Part 1

John Richardson

I suspect that history will show that that the growth in renunciations of U.S. citizenship (and abandonment of Green Cards) continued in 2016. Absent a change in the way that the United States treats its “U.S. Persons Abroad”, I suspect that the growth in renunciations of U.S. citizenship will continue.

The purpose of this post and a short summary:

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