Insights

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Significant Retirement Changes under the SECURE ACT

As 2019 came to a close, the president signed into law the SECURE Act, which stands for “Setting... more
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Taxation of Virtual Currency—Are You Prepared?

New on the 2019 individual tax return is the following question: “At any time during 2019, did... more
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TAS Grants Temporary Relief to Some Taxpayers in Danger of Passport Revocation

The stress of owing taxes to the Internal Revenue Service (IRS) can be overwhelming. Unpaid taxes... more
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LLC Operating Agreement Can Terminate an S Corporation Election

Limited liability companies (LLC) should be careful that their operating agreement does not contain... more
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Does your ITIN Need To Be Renewed?

According to the Internal Revenue Service (IRS), about 2 million Individual Taxpayer Identification... more
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New IRS Guidance on Virtual Currency

The Internal Revenue Service (IRS) recently issued additional guidance on the tax treatment of... more
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IRS Ramps Up Cryptocurrency Enforcement

On July 26, 2019, the Internal Revenue Service (IRS) issued a press release notifying the public... more
September 19, 2019
Blog

Is an Executor Liable for a Decedent’s Unpaid FBAR Penalties?

English historian Thomas Fuller once wrote, “Travel makes a wise man better but a fool worse.”... more