FBAR: Deadline for filing extended!
June 29, 2009
The Internal Revenue Service has extended the deadline for filing a report on foreign bank accounts to Sept. 23 from the original June 30. The delinquent FBAR,
Submission of ITR V and Issues related thereto
June 26, 2009
Jun 4, 2009 Income Tax It has been proposed under the IT Circular 3/2009 that if the return is electronically furnished under a digital signature, the
Infrastructure to generate Unique transaction Number (UTN) still not in place
June 24, 2009
Jun 22, 2009 The problem, though, is that infrastructure to generate UTNs is still not in place, leaving income tax assessees in a lurch as July 31, 2009, the
Special Tax Break on New Car Purchases Available in States With No Sales Tax
June 11, 2009
WASHINGTON —The Internal Revenue Service and Treasury Department today announced that a tax break for the purchase of new motor vehicles is available in
International Tax Issues – IRS Commissioner Doug Shulman's Remarks to the OECD!
June 4, 2009
Prepared Remarks of IRS Commissioner Doug Shulman Before the Organization For Economic Co-Operation And Development Washington, DC, June 2,
Failed to file previous years Foreign Bank Account report (FBAR), IRS has an option!
June 2, 2009
IRS will Not Impose Penalties on Delinquent Foreign Bank Account ReportsMay 27, 2009 – The IRS is in the process of cracking down on offshore activities and,