http://netvouz.com/lillymark/tag/fbar?feed=rss lillymark's bookmarks tagged "fbar" on Netvouz http://www.mytaxfiler.com/blog/8-things-your-startup-needs-to-do-before-the-end-of-the-year/ As we barrel toward the end of the 2012, it’s time to tie up any loose ends regarding the financial and legal aspects of your business. Ending the year the right way will give you a running start going into 2013. lillymark Mon, 21 Jan 2013 11:08:57 GMT http://www.fropper.com/posts/97746 "When deciding to start a business the first step is to decide on the entity to form the business. This decision depends upon two factors namely * The type of business being created, and * The extent to which the entity will protect its principals from personal liability" lillymark Wed, 02 Jan 2013 11:35:39 GMT http://www.mytaxfiler.com/blog/are-roth-ira-conversions-still-a-viable-strategy/ In 2010, Roth IRA conversions were the talk of the town. You could not pick up a newspaper, magazine or any publication without reading an article about this incredible strategy since the $100,000 modified adjusted gross income limitation had been removed. lillymark Mon, 21 Jan 2013 10:56:01 GMT http://www.mytaxfiler.com/blog/congress-approves-cliff-deal-signaling-future-fights/ Congress’ excruciating, extraordinary New Year’s Day approval of a compromise averting a prolonged tumble off the fiscal cliff hands President Barack Obama most of the tax boosts on the rich that he campaigned on. lillymark Mon, 21 Jan 2013 10:18:46 GMT http://www.mytaxfiler.com/blog/congress-passes-fiscal-cliff-act/ Pulling back from the “fiscal cliff” at the 13th hour, Congress on Tuesday preserved most of the George W. Bush-era tax cuts and extended many other lapsed tax provisions. lillymark Wed, 06 Feb 2013 04:40:17 GMT http://www.mytaxfiler.com/blog/gao-irs-could-significantly-increase-revenues-by-better-targeting-enforcement-resources/ The IRS spends most of its enforcement resources on examinations. Correspondence exams of individual tax returns, which target fewer and simpler compliance issues, are significantly less costly on average than the broader and more complex field exams. lillymark Wed, 16 Jan 2013 07:38:53 GMT http://www.mytaxfiler.com/blog/irs-disqualifies-offshore-voluntary-disclosure-participants/ The Internal Revenue Service has notified tax attorneys around the country that their clients have been disqualified from participation in the Offshore Voluntary Disclosure Program, even after they had initially been accepted in the program. lillymark Mon, 08 Apr 2013 09:58:04 GMT http://www.mytaxfiler.com/blog/irs-plans-jan-30-tax-season-opening-for-1040-filers/ Following the January tax law changes made by Congress under the American Taxpayer Relief Act (ATRA), the Internal Revenue Service announced today it plans to open the 2013 filing season and begin processing individual income tax returns on Jan. 30. lillymark Wed, 16 Jan 2013 07:21:03 GMT http://www.mytaxfiler.com/blog/irs-yanks-criminal-amnesty-deal-from-taxpayers-with-secret-bank-leumi-accounts/ The Internal Revenue Service this week sent faxes to tax attorneys nationwide informing them that clients who were previously accepted into its criminal amnesty program for those who disclose once-secret offshore accounts, have “upon further review” been disqualified. lillymark Mon, 08 Apr 2013 10:05:06 GMT http://overseasvoluntarydisclosure.blog.com/2012/12/05/making-taxation-laws-work-to-your-advantage-with-effective-tax-planning/ Timely and effective tax planning are critical for your success, with today’s rapidly changing tax laws. The overall objective tax-planning is to minimize net taxable income. The tactics involved with meeting that objective include minimizing your gross income, while maximizing your deductible expenses. lillymark Wed, 02 Jan 2013 10:08:06 GMT