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Obama Wants Mandatory Voting – Really?

by Kevin Thompson | Mar 30, 2015 | filing requirements

President Obama tested the waters while speaking to a civic group in Cleveland. When he was asked about the corrosive influence of money in U.S. elections, Obama sidestepped to talk about voting rights and said the U.S should make voting easier than it is now.  ...

What the Government Shutdown of the IRS Means for You

by Kevin Thompson | Oct 1, 2013 | filing requirements

Because of the government shutdown on October 1, 2013, the IRS will only be maintaining basic functions such as return processing.  All tax filing deadlines remain the same and must be turned in on time.   Operations that will be shut down include:   Refunds...

The 2010 First Time Buyer Credit and New Home Credit Begins Today

by Kevin Thompson | May 1, 2010 | filing requirements

May 1, 2010 marks the first day that Californians can file for the new home credits for 2010. If you purchase a new home from today until the end of the year or sign a home buying contract during this time and complete it before August 1, 2011 you may be eligible for...

Foreign Bank and Financial Account Filing Requirements

by Kevin Thompson | Jan 27, 2010 | filing requirements

The IRS recently revised the reporting requirements for Foreign Bank and Financial Accounts (FBAR). If you’ve had more than $10,000 in foreign accounts then you should have filed this report. Along with the new reporting requirements came more stringent fines...
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