Webinar to assist International Taxpayers

The Internal Revenue Service on Wednesday will hold a free online, web-based information session to assist U.S. overseas taxpayers in understanding their filing obligations.
The webinar will take place on May 25, 2016, from 1-3 p.m. EDT, (18:00-2100 hours UTC-0). To attend this webinar, taxpayers or tax professionals interested in learning more about these requirements, should log in using the Overseas Taxpayers webinar link. It is recommended attendees log in 10 minutes prior to the start time.
The session will be recorded and made available at a later time.
The IRS also today reminded U.S. citizens and resident aliens, including those with dual citizenship who have lived or worked abroad during all or part of 2015, that they may have a U.S. tax liability and a filing requirement in 2016. The IRS encourages taxpayers with foreign assets, even relatively small amounts, to check if they have an FBAR and/or FATCA filing requirement.

For more information contact Neikirk, Mahoney and Smith at 502-896-2999.

To attend click here

Correcting Information Returns

The Internal Revenue Service has posted a new webinar that provides the latest information for employers and health coverage providers.  The webinar explains how to identify and correct errors on information forms.

If you are a business owner, tax manager, employee benefits manager, health coverage provider, or software developer or transmitter, you can access and review this video on the IRS Video Portal at your convenience.

For information contact Neikirk, Mahoney & Smith at 502-896-2999.

Tax guidance for child care providers

The IRS is highlighting some of its most popular educational products, videos and webinars to help your small business thrive. A good example is the webinar: “Tax Related Guidance for Child Care Providers.” The online resource can help business owners and operators learn how to report common tax items linked with this type of business. Here are some of the topics included in the webinar:
Child Care Income.
Child Care Expenses.
Special Rules.
Other Expenses.

For more information contact Neikirk, Mahoney & Smith at 502-896-2999