Recent Tax Changes

FIRST TIME HOMEBUYER CREDIT - EXTENDED!!!! AND A NEW CREDIT FOR PEOPLE PURCHASING THEIR NEXT PRIMARY RESIDENCE! Details

California Franchise Tax Board puts into effect a new law that increases withholding rates by 10%. Bill number ABX4 17 details out these changes and can be found here. ABX4 17

IRS Takes a firm stance on Off-Shore Tax Avoidance. With the advancement of technology and the increasing number of tax treaties and agreements with foregin countries, it will become increasingly difficult to hide assets and shield foreign income from the U.S. See convictions and more

09/24/2009 - IRS Increases and adds new credits for energy efficiency. Learn more

04/03/2009 - IRS grants special relief and issues new procedures for victims of Ponzi Schemes. Learn more

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