Blog Articles Regarding Accounting | Lauzen Accounting


April 14, 2015

IRS Grants Penalty Relief to Taxpayers Who Received Incorrect Health Care Forms

To ease the filing burden for taxpayers who received late or incorrect Forms 1095-A, the IRS announced that it will provide penalty relief for taxpayers. Source:: […]
April 13, 2015

Wife of Anti-Tax Author Sentenced to Prison

A taxpayer was sentenced to 18 months in prison followed by one year of supervised release after being convicted of criminal contempt for failing to file […]
April 4, 2015

Hot Topics: Tax Day is Coming – Are you Ready?

Even if you haven’t started your small business tax preparation yet, it’s not too late to seek assistance from an accountant, tax preparer or enrolled agent. […]
April 3, 2015

Family Limited Partnerships (FLPs) AICPA and IRS Resources

IRS Resources IRS Audit Technique Guide on Family Partnership (updated Oct. 2014) IRS Appeals Settlement Guidelines for Family Limited Partnerships and Family Limited Liability Corporations (Oct. […]
April 1, 2015

07-12-2013 Tax E-Alert

In this issue ACA Reporting Delays & Resources on Tax Impact of DOMA Case and more… Source:: AICPA – Tax
March 31, 2015

Qualified Performance-Based Compensation Rules Are Finalized

The IRS issued final regulations regarding the exception under Sec. 164(m)(4)(c) to the $1,000,000 deduction limitation for compensation paid by publicly held corporations to covered employees. […]
March 31, 2015

Final Regs. Provide Rules for Assessment Limitation Period for Undisclosed Listed Transactions

The IRS issued final regulations regarding the exception to the general three-year assessment limitation period for listed transactions that a taxpayer did not disclose as required […]
March 27, 2015

Former Partner Liable for Trust Fund Penalty

A taxpayer who asserted he was no longer a partner in a business during the periods at issue was nevertheless held to be a responsible person […]
March 27, 2015

TIGTA Study: Significant Discrepancies Exist Between Alimony Deductions Claimed by Payers and Income Reported by Recipients

March newsletter article: TIGTA Study on Discrepencies Between Alimony Deductions Source:: AICPA – Tax
May 4, 2015

Hot Topics: Will that be credit or debit?

By 2017, just 23 percent of all point-of-sale purchases are expected to be made with cash, says a study by market research firm Javelin Strategy & […]
May 5, 2015

2016 Inflation Adjustments for HSAs Released

The IRS issued the inflation-adjusted figures for calendar-year 2016 for the annual contribution limits for HSAs and the minimum deductible amounts and maximum out-of-pocket expense amounts […]
May 7, 2015

Rulings Illustrate Transactions That Qualify as D Reorganizations

The IRS issued two rulings on transactions that qualify as D reorganizations and revoked Rev. Rul. 78-130. Source:: AICPA – Tax
May 8, 2015

List of Designated Private Delivery Services Is Updated, Postmark Rules Revised

The IRS updated the list of designated private delivery services (PDSs) that taxpayers can use to take advantage of Sec. 7502’s timely mailing equals timely filing/paying […]