by Levins Tax | Feb 28, 2022 | Uncategorized
The vast majority of tax troubles start with errors. If the Internal Revenue Service uncovers information that doesn’t validate claimed credits or deductions, taxpayers can find themselves in a bit of trouble. However, these errors don’t necessarily lead to tax...
by Levins Tax | Feb 15, 2022 | Uncategorized
When a married couple files a joint return, both spouses are considered to be responsible for the entire tax liability. There are circumstances when one spouse may not be an active participant in the family’s finances or be aware of all the information in the tax...
by Levins Tax | Feb 9, 2022 | Uncategorized
Offshore accounts get a bad rep. The truth, however, is that many people choose to bank with foreign entities in order to take advantage of legal protections, potentially lower tax rates and most importantly an increased sense of privacy. Storing your money in an...
by Levins Tax | Feb 9, 2022 | Uncategorized
In early 2021, the United States Congress passed H.R. 1786, also known as the “Stop Tax Haven Abuse Act.” The passage of this new legislation marks a renewed focus on eliminating tax evasion by the IRS, the Department of Justice and the United States government as a...