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  IRS Commissioner’s New, Revised and Updated Approach to International Audits Leaves the Same Old Problems Here are some of the Commissioner’s Comments yesterday at: IRS/GEORGE WASHINGTON UNIVERSITY24TH ANNUAL INSTITUTE ON CURRENT ISSUES ININTERNATIONAL TAXATIONWASHINGTON, DCDECEMBER 15, 2011 The full text of the speech is below, but here are a few comments... 01-03-2012, 11:31 AM by Ron Cohen to From the Desk of the Tax Expert

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  “C” Corporation versus “S” Corporation Entity Selection Decision This comes up very often. How do we decide on whether to be a “C” Corporation or an “S” Corporation? You might also want to operate as a Limited Liability Company which is much like an S Corporation, but that’s for another Blog. Yeap…this is a description... 12-13-2011, 3:10 PM by Ron Cohen to From the Desk of the Tax Expert

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  Dear IRS: A Tax Pro Fires Back This Forbes article includes the following letter. Please click here to read the full Forbes article. To view the IRS’s release please click here. Update: 11/23/11 - The IRS RespondsView the Forbes article here. Mr. Douglas Shulman Commissioner... 11-21-2011, 5:36 PM by Ron Cohen to From the Desk of the Tax Expert

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  Relief From Penalties on a Small Partnerships for Late Filing While a Form 1065 Partnership return results in no tax due by the partnership, the IRS demands the forms be filed on time so that the partners have information to compute and pay their taxes using Schedule K-1 coming from the Form 1065 return. Therefore,... 10-07-2011, 9:54 AM by Ron Cohen to From the Desk of the Tax Expert

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  TIGTA Finds Inaccurate Preparation of Tax Returns at Volunteer Tax Preparation Sites Be careful not to refer a poor/old/disabled or frugal person to the free I.R.S. VITA (Volunteer Income Tax Assistance) program. That appears to be a bad idea. 61% of the tax returns they prepare are incorrect, per the Tax Inspector General for Tax Administration... 09-22-2011, 10:23 AM by Ron Cohen to From the Desk of the Tax Expert