Individual taxes, Tax Court
Foster v. Commissioner, 138 T.C. No. 4 (January 30, 2012) In a decision issued today, the Tax Court held that a couple was not eligible for the First Time Home Buyer Credit (“FTHBC”) because they owned a present interest in a principal residence within three years...
Business taxes, Individual taxes, International Tax
The IRS issued an announcement today to remind taxpayers that tax information is available online in a variety of languages. The IRS’ Multilingual Gateway offers information in Chinese, Korean, Vietnamese, Russian, and Spanish. The Gateway can be accessed via the...