Current Articles

• The Warren “Ultra-Millionaire Tax Act of 2021”
  By John Richardson
  The Contextual Background – Elizabeth Warren – January 28, 2021 https://twitter.com/nytimes/status/1366433101832998917 Excerpts from a recent CNBC interview (see the following link for […]
• Businessman Indicted For Not Reporting Foreign Bank Accounts And Filing False Documents With The IRS
  By TaxConnections Admin
  A federal grand jury in Alexandria, Virginia, returned an indictment on March 3, 2021, charging a Virginia man with failing to file Reports of Foreign Bank and Financial Accounts (FBARs) and filing […]
• Cyprus: The EU’s Newcomer For Introducing Transfer Pricing Legislation
  By Chris Damianou
  It is probable that, while you are reading this article, Cyprus is already the latest European country to introduce transfer pricing legislation in its income tax law with effect […]
• Feel Like You Are Not Responsible For A Debt Owed By Your Spouse Or Ex-Spouse?
  By National Taxpayer Advocate
  Taxpayer Advocate Service Tax Tip Saying “I do” doesn’t necessarily mean you’re responsible for your spouse’s or ex-spouse’s debts. If your spouse has a debt (this debt could be for any number of […]
• IRS Statement About CP59 Notices
  By IRS
  Earlier in February 2021, the IRS issued notices to approximately 260,000 taxpayers stating they haven’t filed their 2019 federal tax return. These notices, referred to as CP59 notices, are issued […]