Tax News –Passport Revocation for Seriously Delinquent Taxpayers

The federal government recently signed the Fixing America’s Surface Transportation Act (“FAST Act”) into law allowing the Secretary of State to deny, revoke or limit the United States passports of individuals with “seriously delinquent” tax debt. This legislation allows the IRS and Department of Treasury to notify the Secretary of State where any individual taxpayer […]

TAX NEWS: CHANGES TO TAX RETURN & FBAR DEADLINES

Legislation passed in July 2015 made changes to the due dates for partnership tax returns, C corporation tax returns, FBARs, and other information tax returns. The modified due dates are for tax years beginning after December 31 2015 (except for C corporations with a fiscal year ending on a specific date, which is discussed below). […]