Foreign Earned Income Exclusion: 2011
Under I.R.C. §911, if certain conditions are met, a qualified individual can exclude his foreign earned income from taxable gross income for the U.S. [...]
IRS Increases Deductions and Exclusions for the Tax Year 2012
The Internal Revenue Service recently announced that for tax year 2012, personal exemptions and standard deductions will increase, and tax bracket thresholds will rise [...]
Form 5471: General Overview of the Required Information
The individuals who fall within the four categories of U.S. persons who are required to file Form 5471 find out very fast just how [...]
Incoterms 2010: Most Prominent New Features
The new Incoterms 2010 replace and update a number of various features of Incoterms 2000. The new rules took effect on January 1, 2011. [...]
Minnesota Department of Revenue Launches New e-Services System
On October 3, 2011, the Minnesota Department of Revenue announced the launch of its new e-Services online system. This new system is replacing e-File [...]