IRS Updates Sections of Internal Revenue Manual Concerning 6707A
On May 16, 2012 the IRS revised the sections of the Internal Revenue Manual dealing with the 6707A penalty. The Manual […]
On May 16, 2012 the IRS revised the sections of the Internal Revenue Manual dealing with the 6707A penalty. The Manual […]
Fourth Circuit Overturns Taxpayer Victory, Imposes Willful Failure to File Civil Penalty Late last week, the Fourth Circuit issued an […]
Q. What is an FBAR and When is it Due? A. An FBAR is a Report of Foreign Bank and […]
In her recently-released annual report to Congress, IRS Taxpayer Advocate Nina E. Olson called for the IRS to improve its […]
DON’T FORGET CRUMMEY RESPONSIBILITIES Many clients have been given copies of “Crummey” letters to send to trust beneficiaries who have […]
Pennsylvania recently enacted a wide variety of tax changes as part of its recent budget process. A summary of the […]
Assets such as IRAs, 401ks, life insurance, and annuities do not ordinarily pass to your beneficiaries under your estate planning […]
What is the Difference between the Federal Estate Tax and the Pennsylvania Inheritance Tax? Even though the Federal Estate Tax […]
MARY JO CORSETTI’S ESTATE PLAN CHECKUP: FOR THE HOLIDAYS AND THE NEW YEAR, GIVE YOUR FAMILY THE GIFT OF ORGANIZATION! […]
On August 29, 2013, the U.S. Department of Justice announced a new Department of Justice program, the “Program for Non-Prosecution […]
Last month, the owner of a popular restaurant in Pittsburgh’s South Hills was sentenced to two years home detention and […]
In May of 2013, Liberty Reserve, a Costa Rican company, was indicted in the US for laundering approximately $6 billion over […]
A common cash intensive industry involving an agent and an insurance or surety company is that of bail bonds. The […]
In December of 2013, a car wash owner pleaded guilty to tax fraud for failing to report nearly $500,000 in wages. […]
In December of 2013, a New Jersey native admitted to tax evasion with respect to income earned at a casino […]
Just three short years ago, an operator of two laundromats pleaded guilty to tax evasion. The taxpayer, who was responsible […]
For years, taxpayers and tax practitioners have complained that the IRS’s Offshore Voluntary Disclosure Program was too harsh on those […]
On June 18, 2014, the IRS overhauled its foreign account disclosure programs. The most significant changes were with respect to […]
Edward P. Wojnaroski, Jr., a member of Williams Coulson in Pittsburgh, PA, authored the chapter, “Private Annuities and Self-Cancelling Installment […]
Williams Coulson is pleased & honored to receive a Tier 1 ranking in the 2014 Edition of U.S. News – […]