Tax Guidance & Preparation

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Decoding the IRS – Document 6209

Understanding what you are up against with the IRS can be frustrating on many levels....
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Form 5500 Pension Plan Penalty Filing Relief

For those of you like me presently wrestling with this issue the IRS recently came...
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Reporting Investments In Certain Foreign Corporations for U.S. Tax Purposes

As we increasingly become more connected on this planet US Taxpayers are compelled more than...
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IRS Bills, Penalties and Interest Charges

Many people have been reaching out to me to learn specifically about what they are...
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Retirement Plan Recharacterization

Retirement Plan Recharacterization meansaccording to Reg. Sec. 1.408A-5 that if you make a contribution to...
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Tax Implications of Installment Sales

More and more taxpayers it seems are finding themselves compelled to engage in a structured...
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Allowable Nontaxable IRA Rollovers Contributions Interpreted To Mean One Per Taxpayer Per Tax Year in US Tax Court Case – Bobrow v. Commissioner

In Bobrow v. Comm'r, T.C. Memo. 2014-21, the Tax Court relied on IRC 408(d)(3)(B) regarding...
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What is a ‘Qualifying Relative’ for US Tax Purposes: IRC 152

Wading through the convolution required to identify specifically who qualifies as a relative for income...
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Tax Implication of Publicly Traded Partnerships: Why Purveyors or the US Tax Code Snarl at Investment Brokers

Tax Implication of Publicly Traded Partnerships: Why Purveyors or the US Tax Code Snarl at...

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