Category: Tax Resolutions
If You Owe the IRS, They Can Revoke or Deny Your Passport
Back in August 2019, the IRS began taking measures to systematically revoke passports through the United States State Department for individuals and businesses that owe the Internal Revenue Service more than $52,000 in tax debt, penalties, and interest. Once the...
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Foreign Bank Account Reporting Common Questions
Foreign bank accounts have become a hot topic in America. In an effort to correct the large compliance gap that exists from unreported Foreign Bank Accounts, the IRS mines data to find businesses that do not comply, and your Foreign...
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Florida Sales Tax Basics for Orlando Business Owners
Making payments to a governing body for the sale of certain goods and services is sales tax. Since 1949, the State of Florida has required business owners to collect and remit sales tax for specific business activities. Outlined in Chapter...
