Perhaps you moved to Barbados for the surf and sun when you were 23 years old. Struggling to make ends meet, you set up a modest tourism company on the island. Over the last 30 years, it's grown into a multi-million-dollar business.The thing is, all your business...
In our last post, we talked about how the Bipartisan Budget Act of 2015 and what it means for partnerships going forward. The simplification of the auditing process for partnerships was a huge boost for the Internal Revenue Service. It is now much easier for the IRS...
When the clock moves from 11:59 p.m. on Dec. 31, 2017 to 12:00 a.m. on Jan. 1, 2018, the tax rules will change for partnerships. In 1982, the Tax Equity and Fiscal Responsibility Act was passed and under those rules and regulations, taxes for partnerships have been...
It is now February 1st, and all employers were required to mail or send out their W-2 forms by yesterday. If you haven't received your W-2s yet, you shouldn't panic. But you should be receiving them very soon. As these documents start coming in, taxpayers will soon...
