Form 2290: Highway Use Tax Return is Now Due on November 30, 2011
On July 15, 2011, the IRS advised truckers and other owners of heavy highway vehicles that their next federal highway use tax return (which [...]
IRS Increases Mileage Rate to 55.5 Cents per Mile
On June 23, 2011, the IRS announced an increase in the optional standard mileage rates for the final six months of 2011. Taxpayers may [...]
Eugene Sherayzen re-appointed to the Publications Committee of the MSBA for the year 2011-12
On July 7, 2011, Eugene Sherayzen, Esq., was re-appointed for the third time to the Minnesota State Bar Association Publications Committee. The Committee is [...]
Reporting Canadian RRSPs and RRIFs in the United States: Form 8891
It comes as a surprise to most taxpayers the Canadian Registered Retirements Savings Plans RRSPs )and Registered Retirement Income Funds (RRIFs) must be reported [...]
Reporting Foreign Gifts and Inheritance to the IRS: Form 3520
While gifs and bequests from nonresident aliens are usually not taxable, they must be reported to the IRS if they are above a certain [...]