June 2012 Posts

  • New IRS Procedures Help U.S. Citizens Living Abroad

    The IRS has announced plans for new streamlined procedures that will allow U.S. citizens residing overseas, including dual citizens, to get current with their tax filing obligations without facing penalties or additional enforcement action. ...
  • Elder Fraud on the Rise – North Carolinians No Exception

    It’s an unfortunate reality that, as people get older, they find themselves at a heightened risk of becoming victims of elder abuse. Recent studies have shown that elder abuse is an increasingly prevalent phenomenon. ...
  • Keep Track of IRS Rules on IRAs and Other Retirement Accounts

    Owners of individual retirement accounts might face increased scrutiny by the IRS in the near future, posing the danger of hefty penalties for account mistakes that have previously gone unnoticed....
  • NC Dept. of Revenue issues Directive on $50k Business Income Deduction

    North Carolina has a new law, G.S. 105-134.6(b)(22), that grants business owners a deduction of up to $50,000 of their net business income from NC taxable income....
  • IRS Eases Up on Offer in Compromise Requirements

    The IRS has recently announced changes to its "Fresh Start" initiative that are aimed at helping struggling taxpayers. ...
  • Free Estate and Financial Planning Book

    Here’s a press release I received today from the American Institute for Economic Research (AIER): ...