The Internal Revenue Service (IRS), from time to time, sends out a particular type of notice known as the CP 2000. This notice is not a bill but rather an informational document that alerts you to discrepancies the IRS has identified between the information reported...
In the increasingly globalized world, international business operations have become commonplace for many organizations. This article aims to navigate you through the complexities of international business operations taxations, its various facets and provide some...
Employee stock options (ESOs) form an important component of employee remuneration, especially in rapidly growing startups or technology companies. Offering stocks to employees not only makes them vested partners in the organization’s growth but also serves as a...
Tax planning is an essential component of personal finances that can significantly impact your estate plans. Estate and gift tax planning strategies provide a means to transfer your wealth to beneficiaries efficiently. Several tax saving strategies such as the annual...
Understanding tax compliance as a non-resident can be a big challenge. Regulations vary and it’s important to accurately satisfy your tax obligations to avoid penalties. This guide, presented by Clean Slate Tax, is designed to help non-residents navigate the...
The digital economy is global and growing at an unprecedented rate. One of the major questions that arises in this new frontier is about taxation. Specifically, how are digital goods and services taxed? Determining tax obligations for digital goods and services can be...
If you’ve ever done business overseas or earned income from foreign sources, you’re probably keenly aware that the intricacies of international taxation can become complex quickly. One key aspect of navigating this complex area is understanding and...
High-net-worth individuals often possess unique financial situations. These require specialized strategies to maximize benefits and minimize tax liabilities. In this article, we explore a number of strategies offered by Clean Slate Tax to cater to the specialized...
Inheriting assets or property can have significant tax implications. Whether you receive cash, personal belongings, a business, or property, it is crucial to understand the tax rules that apply to inherited wealth. This article will explain these tax implications,...
Dealing with the IRS can often be a nerve-wracking encounter, especially when it comes to foreign income and asset disclosure. Luckily, the IRS has formulated the Streamlined Filing Compliance Procedure, a program designed to help people become compliant by settling...