Allen J. Littman of BakerHostetler wrote an article which highlights the key dates regarding FACTA contained in Notice 2013-43. Do You Have Unreported Foreign Income? Contact the Tax Lawyers at Marini & Associates, P.A. for a FREE Tax Consultation at: www.TaxAid.us or www.TaxLaw.ms or Toll Free at 888-8TaxAid (888 882-9243) Read more at: Tax Times blog
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Taxpayer Advocate Delivers Annual Report to Congress…Focuses on Taxpayer Bill of Rights, OVDP and IRS Funding.
National Taxpayer Advocate Nina E. Olson today released her 2013 annual report to Congress,urging the Internal Revenue Service to adopt a comprehensive Taxpayer Bill of Rights – a step she said would increase trust in the agency and, more generally, strengthen its ability to serve taxpayers and collect tax. The Advocate also expressed deep concern…
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New User Fees for Processing Installment Agreements and Offers in Compromise
Effective Jan. 1, 2014, processing fees for standard installment agreements and doubt as to collectability offers will increase. Fees for direct debit installment agreements are unchanged. Low income fees and fee waivers are also unchanged. The notice of proposed rule making proposed to increase the fee under § 300.1 for entering into an installment agreement…
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U.S. Signs 6 More FATCA Agreements!
The US Treasury Department's web site indicates that the U.S. has signed FATCA agreements with: Bermuda Guernsey the Isle of Man, Jersey Malta and the Netherlands. The US Treasury Department's web site also reflects that with the six new agreements are total of 18 of such signed intergovernmental agreements (IGAs). Do You Have Unreported Foreign Income? Contact…
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