Tax Blog
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Offshore Tax Avoidance on IRS “Dirty Dozen” Tax Scam List for 2015 and OVDP to Remain Open Indefinitely
Hiding Money or Income Offshore on IRS Tax Scam “Dirty Dozen” List for 2015 Filing Season and OVDP to Remain Open Indefinitely In a recent news release, the IRS announced that the most successful amnesty program in its history, the Offshore Voluntary Disclosure...
Deadline to Appeal 2014 Franklin County Ohio Property Tax Valuation
Franklin County Ohio Property Tax Appeal Due on March 31, 2015 Porter Law Office, LLC would like to remind property owners in Franklin County, Ohio that they have until March 31, 2015 to file an appeal to reduce their Ohio property taxes. The March 31, 2015 deadline...
How the Affordable Care Act Affects Your Taxes
New IRS Publication Helps You Understand the Affordable Care Act Whether you are in favor or opposed to the new federal health care law (the "Affordable Care Act"), you can no longer afford to ignore it. If you feel the like the law is too complicated to understand,...
Why Do I Need an ITIN?
Apply for an ITIN | Certifying Acceptance Agent You may need an ITIN for a variety of reasons. This article briefly describes the main situations for which an ITIN can be applied. The Certifying Acceptance Agent ("CAA") at Columbus, Ohio-based Porter Law Office, LLC...
Renewal of Extenders Opens 8 Year-End Tax Planning Opportunities
Congress just approved the Tax Increase Prevention Act of 2014, which makes several "tax extender" deductions available through 2014. This long-awaited legislation generally resolves the uncertainty of whether the extender tax breaks will be available for 2014. Just...
IRS Makes it Easier to Defer Tax on Canadian Retirement Plans under Canada US Tax Treaty
The Internal Revenue Service ("IRS") has eliminated the requirement to file Form 8891 and is utilizing the Canada US Tax Treaty to provide automatic tax deferral for income earned on two popular Canadian Retirement Plans namely, the registered retirement savings plan...