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Internet Sales Tax – Coming Soon?

06.18.13
On May 6, 2013, the Senate passed the Marketplace Fairness Act of 2013 69-to-27. Passage in the Senate was considered a major hurdle for taxing Internet sales. The bill, if passed in the House and signed by the President, would enable states to col...
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Foreign Accounts: FBARs Due June 28

06.04.13
If you own or have authority over a foreign financial account, including a bank account, a unit trust, mutual funds or other types of financial accounts, you may be required to file a Report of Foreign Bank and Financial Accounts (FBAR) to the IRS by...
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Tax Reform Proposal: What Lies Ahead

05.28.13
President Obama recently said that he wants a tax reform/deficit reduction package by August, and lawmakers now have many proposals to consider, including House and Senate blueprints as well as the Simpson-Bowles Plan. Whatever is adopted, it is sure...
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Alternative-Asset IRAs: Handle With Care

05.15.13
Most IRA owners invest their funds in traditional assets, such as stocks, bonds and mutual funds. But some intrepid investors have enjoyed impressive, tax-deferred returns — or even tax-free returns in the case of a Roth IRA — by using their IRAs...
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