Tax News

caregiver article

On January 3, 2014, the IRS issued Notice 2014-7 addressing the income tax treatment of certain payments to a caregiver under a state Home and Community-Based Services waiver (Medicaid waiver) program. The notice provides that the IRS will treat “qualified Medicaid waiver payments” as difficulty of care payments excludable from gross income under § 131 of the Internal Revenue Code.

Qualified Medicaid waiver payments are defined as “payments made by a state or political subdivision thereof, or an entity that is a certified Medicaid provider, under a Medicaid waiver program to an individual care provider for nonmedical support services provided under a plan of care to an eligible individual (whether related or unrelated) living in the individual care provider’s home.”

UScis

Actualizado a partir de 1 de Mayo, 2018

El 15 de junio de 2012, el Departamento de Seguridad Nacional (DHS) anunció que no deportaría a ciertos jóvenes indocumentados que llegaron de pequeños a Estados Unidos. Bajo la dirección del secretario de DHS, a estos jóvenes se les otorgó un permiso temporal para permanecer en Estados Unidos conocido como "acción diferida". La administración de Obama llamó a este programa Acción Diferida para los Llegados en la Infancia o DACA (por sus siglas en inglés). Este artículo está diseñado para proporcionar orientación a los profesionales en impuestos que preparan declaraciones de impuestos para los contribuyentes que participan en DACA.

Lo primero que hay que tener en cuenta es que los participantes de DACA están autorizados para trabajar en los Estados Unidos. Se les proporciona una autorización de empleo (EAD) que les permite trabajar legalmente. El EAD también se conoce como permiso de trabajo o I-765.

UScis

On June 15, 2012, the U.S. Department of Homeland Security (DHS) announced that it would not deport certain undocumented youth who came to the United States as children. Under a directive from the DHS secretary, these youths may be granted a type of temporary permission to stay in the U.S. called “deferred action.” The Obama administration called this program Deferred Action for Childhood Arrivals, or DACA. This article is designed to provide guidance for tax professionals preparing and filing tax returns for DACA recipients.

The first thing to note is that DACA recipients are authorized to work in the United States. They are provided with an employment authorization document (EAD) that allows them to work legally. The EAD is also known as a work permit or I-766.

white collar crime

A medida que se acerca la fecha límite del 17 de abril, el Departamento de Justicia está alertando a los contribuyentes para evitar a los preparadores de impuestos sin escrúpulos y reputación cuestionable que buscan aprovecharse del sistema y presentar declaraciones fraudulentas.

El año pasado, la División de Hacienda del Departamento de Justicia, en colaboración con las oficinas del Fiscal de Estados Unidos, presentó docenas de acciones civiles y criminales por todo Estados Unidos buscando órdenes judiciales para desactivar y sancionar a personas que prepararon declaraciones de impuestos falsas.

"La División de Hacienda seguirá protegiendo al público estadounidense, tomando acción contra los preparadores de declaraciones de impuestos fraudulentas", dijo el Subprocurador de Justicia Principal, Richard E. Zuckerman. "El Departamento de Justicia está comprometido para trabajar con el IRS para erradicar este fraude".

¿Quiénes son estos preparadores de impuestos deshonestos? Sin más preámbulos, aquí está nuestra lista de los casos más escandalosos de preparadores impuestos de 2018.

white collar crime

As the April 17th deadline approaches, the Justice Department is warning taxpayers to avoid scandalous unscrupulous tax preparers who seek to take advantage of the system and file fraudulent tax returns.

In the last year, the Justice Department’s Tax Division, in collaboration with U.S. Attorney’s Offices, filed dozens of civil and criminal actions throughout the United States seeking court orders to shut down and punish tax preparers who prepared false tax returns.

“The Tax Division will continue to protect the American public by holding fraudulent tax return preparers accountable,” said Principal Deputy Assistant Attorney General Richard E. Zuckerman. “The Justice Department is committed to working with the IRS to stamp out this fraud.”

Who are these dishonest unscrupulous tax preparers? Without further ado, here’s our list of the most scandalous tax pros of 2018.

wyoming cryptos

According to the IRS, virtual currencies are treated as property for U.S. federal tax purposes. This means that a taxpayer may have a taxable gain if the virtual currency exceeds a taxpayer’s adjusted basis.

Critics see this as a threat to the digital currency economy that aims to decentralize access to capital across the globe. While some countries and governments look to regulate virtual currencies, others are welcoming the new technology with open arms.

In an effort to lead the nation, Wyoming Senate File 111 exempts virtual currencies from property taxation in the state. The new bill defines virtual currencies as any type of digital representation of value that is used as a medium of exchange, unit of account or store of value, and is not recognized as legal tender by the United States government.