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Protax Consulting Services
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FinCEN has issued an announcement clarifying the the due date for FBAR form 114 for the 2017 calendar year. Learn more. https://buff.ly/2DG1mI0
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The Bipartisan Budget Act retroactively renewed many individual and business tax benefits that had expired at the end of 2016, including 3 popular tax benefits. The IRS is accepting returns for the 2017 tax year claiming these benefits. Learn more!
https://buff.ly/2FGTufl
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The Internal Revenue Service has advised taxpayers that in many cases you can still deduct interest on a Home Equity Loan, Home Equity Line of Credit (HELOC) or second mortgage. Do you qualify? Learn more!
https://buff.ly/2pjDCEp
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The IRS was not entitled to summary judgment on the issue of a taxpayer’s willful failure to disclose a foreign financial account because questions of fact existed. https://buff.ly/2pfHBSq
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The IRS was not entitled to summary judgment on the issue of a taxpayer’s willful failure to disclose a foreign financial account because questions of fact existed. https://buff.ly/2t2j7RH
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Every tax year the IRS reminds us of Hobby Loss deductibility restrictions, please keep these 5 important tips in mind when preparing your US income taxes. https://buff.ly/2otdRSA
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The national Taxpayer Advocate Nina Olson t issues Taxpayer Assistant Orders (TAO's) for almost 800 taxpayers. https://buff.ly/2EZhgP4
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The Internal Revenue Service strongly encourages taxpayers who are seriously behind on their taxes to pay what they owe or enter into a payment agreement with the IRS to avoid putting their passports in jeopardy. https://buff.ly/2EHI6P9
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Beware U.S. Expats! If you are seriously delinquent with your taxes, the State Department can deny, revoke, or limit a your passport. https://buff.ly/2ob69LN
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The nation’s tax deadline will be April 17 this year – so taxpayers will have two additional days to file beyond April 15 https://buff.ly/2BTwbww
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