The Erb Law Firm would like to offer assistance to attorneys who are affected by Hurricane Katrina.
Any attorneys in the affected area who need help in preparing federal extensions (tax or immigration) or sending notices to clients, please call our offices or email katrina@erblaw.com. If we can help, we will.
Our thoughts and prayers are with the entire region.
It was a question posed to US taxpayers by the IRS in the wake of the UBS scandal: do you feel lucky? The US offered US taxpayers the opportunity to voluntarily disclose offshore bank accounts as part of an amnesty program earlier this year. The choice? Come forward now and escape criminal prosecution or take…
One of the frustrating things from a tax professional’s point of view about the magically shifting world of tax credits and deductions on the whims of Congress is that it confuses taxpayers. For 2011, tops on the list of things taxpayers can’t understand is the disappearance of the Making Work Pay Credit. But second? Repayment…
Taxes from A to Z: L is for Lost Property.
Yesterday, I was scrolling through CNN and I saw a headline about the “Homebuyer Tax Surprise.” A similar finance site touted the headline “Nearly 1 Million Homeowners Shocked at Payback.” No, no, they’re not. They’re not shocked. They’re not surprised. Or at least they shouldn’t be. They knew exactly what they were getting into. They…
There is some good news to be found in the real estate market these days. While home prices aren’t generally on the rise, neither are real estate taxes. In 2013, the median U.S. real estate tax bill was $2,132. That’s according to a Zillow analysis that used the most recent data available. That number is…
I’ve already reported that tax professionals received a benefit from the stimulus package with more taxpayers than ever rushing to file. Now comes news that another industry has received a boost from the (*cough*) stimulus package: porn. Adult web sites are experiencing a boost in sales this year, despite a slowdown in the economy. Perhaps…