by Pierre Philantrope | Apr 7, 2021 | Tax Tip
The Internal Revenue Code Section 7345 is Not Unconstitutional. In Craig Thomas Jones, plaintiff, v. Steven T. Mnuchin, in his official capacity as Secretary of the Treasury; Charles P. Rettig, in his official capacity as Commissioner of Internal Revenue;...
by Pierre Philantrope | Mar 31, 2021 | Tax Tip
The Covid-19 pandemic or other circumstances of death have caused this tax season 2020 to be the last tax return for taxpayers who did not survive to see this new year. The deceased representative, the executor, might have to file the last tax form or forms and wonder...
by Pierre Philantrope | Mar 24, 2021 | Tax Tip
The new tax filing deadline is May 17, 2021. There are several ways to legally lower your tax liability. Many individuals and businesses have used them over years to minimize their taxable income and thus lower their tax due. Besides the most commonly used tax...
by Pierre Philantrope | Mar 17, 2021 | Tax Tip
Congress passed H.R. 1319, the American Rescue Plan Act (the Act) and President Biden signed it into law on March 11, 2021, to relieve the financial burdens facing many taxpayers and to accelerate the recovery of the economy. The Act is a $1.9 trillion relief package...
by Pierre Philantrope | Mar 10, 2021 | Tax Tip
Recent court cases have shown how it is very difficult for taxpayers to prevail in courts when they seek innocent spouse relief. Marriage carries with it many tax consequences that could be minimized through careful tax planning strategies. Marriage planning should...
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