Category Archives: Tax News/Stories

Tax Industry’s 2016’s Campaign Promoting Data Security

data-protection

With just over a month left before tax season kicks off, there is a heightened focus on data security.

IRS, state tax administrators & private sector have joined forces to launch the  “Taxes. Security. Together.” campaign, which is designed to raise public awareness about online safety.

Each year, tax season becomes an opportunity for unscrupulous characters to prey on millions of unsuspecting, hard working individuals.

Thieves are getting more creative and are using more Continue reading Tax Industry’s 2016’s Campaign Promoting Data Security

Last Call To Report Foreign Accounts

June 30th is the FBAR deadline.
June 30th is the FBAR deadline.

If you are a U.S. taxpayer who owns financial accounts overseas, or have signature authority over such accounts, the deadline for filing the FBAR (The Report of Foreign Bank and Financial Accounts) with the Treasury is tomorrowJune 30th.

Who Must File

Filing requirements apply to those who have financial accounts, or interests with aggregate balances which exceed Continue reading Last Call To Report Foreign Accounts