Month: June 2012
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…
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…
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….
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…
Free Estate and Financial Planning Book
Here’s a press release I received today from the American Institute for Economic Research (AIER): For the months of June and July AIER…
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. Part of the “Fresh…
