You probably know that you can get an income tax deduction for a gift to a charity if you itemize your deductions. But there is a lot more to charitable giving. For example, you may be able to indirectly benefit a family member and a charity at the same time and still g...
The IRS has adopted final regulations that provide guidance on the reporting requirements imposed by the Hiring Incentives to Restore Employment (HIRE) Act for “specified foreign financial assets.” The regulations specifically address the requirement to attach a stateme...