This Saturday, October 15th, marks the extended deadline to file your annual Report of Foreign Bank and Financial Accounts (FBAR)! If you have a financial interest or authority over any financial account located outside of the United States, and at any time during...
Experience. Dedication. Results.
Photo of Professionals at Law Office of Williams & Associates, P.C.
Month: October 2022
IRS Awards $41 Million in Grants
Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) programs received a total of $41 million in grants from the IRS this year. Nearly all (348 out of 413 total) grant TCE and VITA applicants received awards! TCE programs provide free tax...
IRS Forms K-2 and K-3 Could Be For You
It isn’t too late to get it right in filing your 2021 tax return if you are a partnership, S corporation, or stakeholder in a foreign partnership, by reporting items of “international tax relevance” on IRS Forms K-2 and K-3. This can even include the requirement to...
