How to Create a Plan To Pay Your IRS Debt
The IRS wants to make it as easy as possible for you to pay your taxes even if you are struggling to pay it in full on the due date. The agency, for example,...
Blog Blog
How Cryptocurrency Investors Can Radically Reduce Their Taxes
According an article from CCN.com, some say it is un-American to pay tax to fund big government, but the majority of Americans will agree that spending more than you are due is certainly...
How The Wealthy Deal With Their IRS Debt Problems
Going After Big Money Individuals Pro Public called them SEAL Team 6 – the IRS special force assembled to audit the ultra-wealthy. Their story started in 2009 when the IRS assembled the elite of...
The IRS Requires Now FBAR Filing for Cryptocurrency and Online Gambling Accounts or Face Severe Penalties
Get a free IRS Debt case review today. Email us at support@fascpaconsultants.com all the letters received from the IRS Foreign Bank and Financial Accounts (FBAR) An FBAR filer according to the IRS is an...
How the IRS Audits Non-Reported Offshore, Crypto and Gambling Accounts
We recently posted that the IRS is requiring FBAR returns for Cryptocurrency Accounts as well as Online Gambling Accounts, in addition to the regular offshore banking accounts reporting. If these requirements are not complied...
Summary Of Changes for Offshore Companies After Trump’s Tax Reform
The Trump’s Tax reform created a few tax benefits and tax charges for individual and companies doing business offshore. The benefits are aimed to encourage the repatriation of earnings accumulated in offshore companies and...
Summary Of Changes for Hedge Funds and Private Equity After Trump’s Tax Reform: State Changes
Get a complimentary tax strategy review today. Email us at support@fascpaconsultants.com State Tax Implications Of Federal Tax Reform It is a question of conformity with the IRC Rolling Fixed Selective Some provisions broaden the...
Summary Of Changes for Hedge Funds and Private Equity After Trump’s Tax Reform
Get a complimentary tax strategy review today. Email us at support@fascpaconsultants.com Self-employment Tax In terms of the Self-Employment Contributions Act (SECA) individuals are subject to self-employment tax on their net earnings from self-employment derived...
How Hedge Fund and Private Equity Can Deal With Fair Value Accounting
Get a complimentary tax strategy review today. Email us at support@fascpaconsultants.com The US GAAP requires that PE/VC investments must be stated at fair value.These funds (PE/VC) invest in private securities which are by definition...
How Realtors Can Fix Their Debt Problems With the IRS
The stress associated with a tax debt to the IRS is heavy to deal with many times. But instead of pretending time will solve it, you can be proactive and solve the problem. Don’t...