Many folk these days are finding themselves having difficulty with the Internal Revenue Service (IRS). If you are one of these people who are experiencing IRS trouble then you may well know something about this situation. The IRS may have notified you of a debt of back taxes if you […]
Finance
It can be either a blessing or a curse to be appointed as the Personal Representative of an estate or Trustee of a trust (collectively a “Fiduciary”). One of the most over looked aspects of the job is the fact that the U.S. Government has a “general tax lien” on […]
Globalization has led to most countries following and teaching principles of IFRS. United States based companies follow the rules of GAAP which causes complications for United States companies that want to do business internationally. Both practices of accounting provided useful and accurate interpretations of a company’s financial situation. However comparing […]