Business Tax Terms to Know
Cost basis is the original price of an asset, such as stocks, bonds, mutual funds , property, or equipment. Cost basis includes the...
IRS Utilizes More Flexible Offer-in-Compromise Terms
The IRS is using another expansion of its "Fresh Start" initiative by offering more flexible terms to its Offer in Compromise (OIC)...
INNOCENT SPOUSE RELIEF (INCLUDING SEPARATION OF LIABILITY AND EQUITABLE RELIEF)
Many married taxpayers choose to file a joint tax return because of certain benefits this filing status allows them. When filing jointly,...
ELDER LAW GLOSSARY
Aid and Attendance (A&A) A&A benefits are those provided when a claimant requires the aid of another person in order to perform personal...
IRS MAY RECHARACTERIZE DIVIDEND PAYMENTS TO S CORP SHAREHOLDER--EMPLOYEE AS WAGES
A federal district court recently concluded that an S corporation shareholder-employee's $24,000 salary was unreasonably low, and allowed...
Official Emails from GCSA
Official Emails from Glass, Culbreth, Sandri & Argenta, PLLC The only emails that are official from Glass, Culbreth, Sandri & Argenta,...
Financial Accounting Standards Board Votes on Not-for-Profit Proposal
Not-for-Profit Proposal Moves Forward Despite Reservations By Thomson Reuters Tax Accounting March 3rd, 2015...
2014 Individual Tax Return Reporting Changes
IRS POINTS OUT 2014 INDIVIDUAL TAX RETURN REPORTING CHANGES Fact Sheet 2015-9, February 2015 In a Fact Sheet, IRS has highlighted several...
IRS FAQ's Regarding Business Entites
IRS FAQ's REGARDING BUSINESS ENTITIES Can a husband and wife run a business as a sole proprietor or do they need to be a partnership? It...
DISCLAIMER
DISCLAIMER: Glass, Culbreth, Sandri & Argenta, PLLC, provides these articles for general information only. The materials contained...
