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Taxpayers should know the consequences of a federal tax lien

GOOSE CREEK, S.C. – According to the National Taxpayer Advocate’s semiannual report released in July, federal tax liens are up 475% since 1999.
Federal tax liens are a claim against your property and are filed when a taxpayer fails to pay the back taxes owed within ten days of receiving an IRS demand for payment notice. [...]

Higher earners warned over tax relief

Those that fall into the higher earners bracket have been warned that the government may impose further restrictions to pension savings in the emergency Budget on June 22.
Accountants and wealth advisers have reported a surge in calls from clients that earn over £100,000 per year who are concerned that changes to pension tax relief might [...]

CFP Holders Can Earn Up To 48 Hours Of CE By Passing The EA Exam

Successful completion of certain examinations for professional licenses or designations can qualify as CE hours towards your CFP designation. One such designation is the Enrolled Agent (EA). The Certified Financial Planner Board of Standards grants CE hours for passing the enrolled agent exams, not for attending or completing an enrolled agent review course.
A certified financial [...]

2011 Changes To The IRS Offer In Compromise

For any Attorneys, CPAs, or Enrolled Agents looking to pursue resolutions and offers in comprise for their clients or potential clients in 2011, large growth in the resolution industry is a possibility.
The law for offers in compromise, as of right now, requires taxpayers to make certain nonrefundable payments with any initial offer in compromise submission. [...]

Medical Expenses Abroad and Tax Refunds

Have you been abroad for medical Treatment?
Many foreign nationals working in Ireland travel back to their home EU country for any required medical treatments. And of course, medical tourism abroad for Irish people is a huge business.
Medical Treatment abroad – the [...]

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