October 19, 2015
IRS Audit Technique Guide for Entertainers
Do you get paid to entertain or support an entertainer or entertainment operation?...
News
October 15, 2015
Disability portion of SSA benefits (SSDI) will be removed from the FPLP 15% Levy for Past Due Tax Assessments
This is really confusing folks! On the one hand those of us who follow closely generally tend to believe that there is a LOT of rampant fraud in SSI Disability benefits practices these days but this news is going to really hurt a LOT of...
October 13, 2015
Marijuana Taxation: Beck v. Commissioner & Excise Tax Paid
UGH! I vowed to stop writing about the tax implications of marijuana taxation: Beck v. Commissioner & Excise Tax Paid. The catholic guilt of a dysfunctional adolescence must be burning deep today as resisting the urge to come back for yet another round of punishment is...
October 5, 2015
IRS Form 8833 – Treaty-Based Return Disclosure Under IRC 6114
IRS Form 8833 - Treaty-Based Return Disclosure Under IRC 6114 - When MUST It Be Filed? While the light of my life was off at a family wedding in Fargo, ND this past weekend a friend flew into town unexpectedly from Minnesota with a complimentary ticket...
September 22, 2015
Coca Cola’s Recent IRS Statutory Notice of Deficiency – a Tipping Point in International Transfer Pricing Enforcement
In Coca Cola's SEC 8-K filing last week we learned that the IRS issued a $3.3 Billion statutory notice of deficiency against the company as the result of a 5 year long transfer pricing audit covering tax years 2007-09. This is very BIG when it comes to enforcement of IRC...
September 9, 2015
Procedures for Requesting Competent Authority Assistance under US Tax Treaties
U.S. competent authority assistance is not necessarily contingent upon whether you sign an agreement with the IRS Examination function contrary to the assertions of some IRS Revenue Agents. Turns out this is important information for some US Taxpayers of international origin in battle with the IRS. Yes...
August 24, 2015
General ITIN References & Contact Information Including IRS Pub 1915 & IRS Rev Proc 2006-10
Aside from this tax blog the following are the most useful resources for researching Individual Taxpayer Identification Number (ITIN) application processing. IRS Publication 1915 General ITIN Information page Update to the Instructions for Form W-7 and ITIN Processing Time IRS Rev Proc 2006-10 IRS Form W-7 IRS Form W-7 Instructions If you...
August 20, 2015
Do You Need an Individual Taxpayer Identification Number (ITIN)?
If you do not have a Social Security Number (SSN) and are not eligible to obtain a SSN, but you are required to provide a tax identification number (TIN) to file a U.S. Federal income tax return, be claimed as a spouse or dependent on...
August 18, 2015
Yes! Undocumented Aliens Can Qualify for an Individual Taxpayer Identification Number (ITIN) from the IRS
I personally believe that it is in EVERYONE'S best interest for all people materially present in the USA to be here LEGALLY. I also believe that the US Federal government has an obligation to do a much better job of helping people legally be present,...
August 13, 2015
IRS Proposes Elimination of Automatic Filing Extensions for W-2 Forms
I tend to harbor deep resentment whenever the IRS proposes more restrictions on job creating taxpayers. After all WE are the backbone of the US economy and our government agencies absolutely must focus on mitigating obstacles for hard working entrepreneurs in their daily struggle to create new...