The “A” word – I’m being AUDITED, now what?! The “A” word may be in the top 10 of scariest words ever! Am I in trouble? Was I flagged? Not necessarily. Some reasons your return could be picked for an audit include: random sampling, computation errors, computer screening, excessive deductions, and large charitable contributions. Respond…
Last week the Internal Revenue Service announced some major changes in its offshore voluntary compliance programs, providing new options to help both U.S. taxpayers residing overseas and those residing in the United States. The changes should provide thousands of people with new ways to come into compliance with their U.S. tax obligations. The changes include…
If your income was less than $75,000 in 2019, you may qualify for the $1,200 stimulus form the IRS and another $500 per dependent. You must have an SSN and be a U.S. tax payer. All current and previous tax filings need to be up-to-date to receive the stimulus check. If you need help catching…
Now is the time of year that many big corporations are discussing HR changes for the fall. If you’re involved in these discussions, you could soon be contemplating a big move overseas. If you plan to move abroad this year, it will be an exciting and challenging time. There are many factors to consider like what your spouse will do overseas and where your kids will go to school….
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