Many US taxpayers wait until the last minute to file their returns. If that is your plan, then now is the time to get on with it. With the April 15 filing deadline 9 days away, you cannot afford to stall on your taxes any longer. Here are some tips for tackling that return now […]
Democrats Do Not Like Trump Tax Reform or Simple Filing Forms Sticking to a pledge that Americans will be able to file tax returns on a postcard under President Donald Trump’s tax code overhaul, the US Treasury Department released a new Form 1040 for individuals on Friday, but met swift Democratic criticism about its potential […]
American Households Seeing More Benefits from Trump Tax Cuts Americans who waited until the last day to pay their taxes online got a surprise: The IRS website to make payments and access other Key services is down, it crashed. The IRS still expects Americans to pay their taxes but US Treasury Secretary Steve Mnuchin says […]
US Securities Regulator Admits Filings System ‘Hacked’ The US Securities and Exchange Commission (SEC) says a cyber breach, aka Hack, of a filing system it uses may have provided the basis for some illegal trading in Y 2016. In a statement posted Wednesday evening on the SEC’s website, the new SEC Chairman Jay Clayton says […]
American’s With Foreign Accounts, Listen Up If the total balance of your foreign financial accounts exceeds $10,000 at any time during a calendar year, then you must file an “FBAR” (FinCEN Form 114, Annual Report of Foreign Bank and Financial Accounts) with the US government for that year. An FBAR for a given year is […]