I enthusiastically applaud President Biden’s proposal to increase the IRS’s budget by $1.2 billion, or more than 10 percent over this year’s budget. In fact, call me a huge cheerleader for this proposal
If it even brushes against California, the state government wants to tax it… Income earned from CA-based clients by Out-of-State Residents One of my clients is a lawyer but he moved Read more »
Americans who work overseas are entitled to exclude $80,000 of annual income from their tax return. It’s called the “foreign earned income exclusion.” It’s found at Section 911 of the Read more »
The private collectors are not as well trained as IRS employees, and generally violate taxpayer rights much more often than the federal employees.
If you own a foreign bank account, you need to report it to the IRS, or else, as the case of poor Mr. Gubser below illustrates. Failure to do so Read more »
It’s satisfying when tax law actually does the right thing morally – such as providing a strong financial incentive to pay spousal support on time. Here’s an example. David and Read more »
One of my clients has several years of unfiled tax returns. Like many people with several years of unfiled tax returns, he’s been putting off working with me. So I Read more »