IRS

TAX ALERT: Feds Move to Block SALT Deduction Workarounds

One of the most significant, and controversial changes affecting individual tax returns in the Tax Cuts and Jobs Act, H.R. 1 (“the Act”) is the provision limiting the deductibility of…

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Guide to Tax Relief and Federal Assistance for Victims of California Wildfires

Guide to Tax Relief and Assistance for California Wildfire Victims

As deadly wildfires rage across California, communities are banding together to fight the flames and rebuild from the ashes. MGO is a firm with a strong foundation in Northern California.…

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IRS Could Enforce Travel Ban for Tax Debt

Expats and international travelers a focus of recently enacted tax laws On August 3rd, new tax legislation -- 26 USC 7345: Revocation or denial of passport in case of certain…

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