May 17, 2017

What are the Eligibility Requirements for Streamlined Disclosure?

The IRS has outlined general eligibility requirements to enter into the Streamlined Filing Compliance for taxpayer who failed to report all foreign income, pay all tax, […]
April 27, 2017

What Is the Difference between Spousal Support and Child Support Payments

The Differences between Spousal Support and Child Support Payments As defined in Section 71(b) of the U.S Tax Code, alimony and spousal support payments are generally […]
April 27, 2017

What to do with Property Transfers, Tax Issues, and Community Property in a Divorce?

Property and Divorce Transfer of Property Tax Considerations in a Divorce or Separation IRC Section 1041(a) permits divorcing or separating spouses to transfer property between themselves […]
April 7, 2017

Where is the most current IRS guidance on Virtual Currency found?

The most current guidance on IRS virtual currency is found in Internal Revenue Bulletin:  2014-16. IRS Guidance on Virtual Currency: Excerpts from Internal Revenue Bulletin:  2014-16  […]
April 5, 2017

Why does BitCoin and other types of Virtual Currency draw so much attention from the Taxing Authorities and the Federal Government?

Why does BitCoin and other types of Virtual Currency draw so much attention from the Taxing Authorities and the Federal Government? This question is best answered […]
March 14, 2017
Owe the Board of Equalization Sales Tax?

What do you do if you owe sales tax to the CA Board of Equalization?

When it comes to resolving an outstanding balance due with the CA Board of Equalization (BOE), the taxpayer has to be proactive.  Proactive means that the […]