Thursday, May 14, 2009 by Michael Ellenwood
On February 26, 2009, President Obama submitted the administration’s proposed $3.5 trillion fiscal year (FY) 2010 federal budget to Congress, which includes some significant tax cuts as well as increases. View the full article.
Thursday, January 01, 2009 by Michael Shumate
Starting in 2009, the IRS has expanded the Foreign Bank Account Reporting (FBAR) process. Unfortunately, this change will ensnare many more taxpayers into the FBAR reporting requirements, and will increase the compliance time and cost needed to meet the new requirements. View the full article.
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