Monthly Archives: July 2013

Cost Segregation Denied

Cost Segregation is good.  It allows faster write off’s via depreciation of buildings.  We have clients who have been very satisfied. Taxpayer purchased a business and properly allocated the cost to the various asset classes per the purchase agreement.  Then … Continue reading

Posted in Income Tax, LLC's, Sub S Corporations | 480 Comments

Want to see what happens if you don’t pay payroll tax?

http://www.irs.gov/uac/Examples-of-Employment-Tax-Investigations-Fiscal-Year-2013?

Posted in General | 98 Comments

Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts

The United States Department of Treasury has announced that beginning July 1, 2013, Form TD F 90-22.1 must be filed electronically by the taxpayer. To file the 2012 form after June 30, 2013, file the form through http://http://bsaefiling.fincen.treas.gov/Enroll_Individual.html

Posted in General, Income Tax, International Taxation, Newsletter Topics | 1,048 Comments