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UBS settlement
High-level negotiations between the U.S. and Switzerland have resulted in an out-of-court settlement in the IRS’s dispute with Swiss banking giant UBS AG over the identities of U.S. account holders. The U.S. and Switzerland agreed to resolve the dispute under the framework of their existing tax treaty. The Swiss Federal Tax Administration (SFTA) will expeditiously process requests for information...
August 29th, 2009 by The Tax Man
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Home Based Business Tax Reminders
If you use part of your home for business, you may be able to deduct expenses for the business use of your home. These expenses may include mortgage interest, insurance, utilities, repairs, and depreciation. The Image by fensterbme via Flickr home office deduction is available for homeowners and renters, and applies to all types of homes, from apartments to mobile homes. However, the Internet...
April 2nd, 2009 by The Tax Man
