IRS urges taxpayers with traveling plans to resolve tax debts. . . On August 8, the Internal Revenue Service warned taxpayers to resolve their significant tax debts to avoid limiting the availability and use of their passports. Taxpayers should contact…
As fall of 2016 commenced, many Olympic and Paralympic athletes received good news as President Obama signed a bill which allowed these athletes an exemption from income taxes. The Joint Committee on Taxation’s cost analysis estimated that the bill would cost…