Are you a US citizen or resident with an interest in a foreign entity? You may need to file Form 5471, an information return that reports your foreign business activities and income. Failure to timely file may result in various penalties. Learn more abou
Are you a US citizen or resident with an interest in a foreign entity?
You may need to file Form 5471, an information return that reports your foreign business activities and income. Failure to timely file may result in various penalties. Learn more about this IRS form in our article, which is Part 1 of a series: https://bit.ly/3TEtJAm
#FrostLaw #InternationalTax #TaxLaw #ForeignIncome #IRS #Tax #Form5471
Upcoming Webinar: Trusts and Taxes During our webinar on September 19 at 1 pm, we will provide an overview of basic estate planning, discuss different types of trusts and estate taxes. Join Leanne Broyles, Esq., Sean McQuarrie, CPA, and Rebecca Sheppard,
Upcoming Webinar: Trusts and Taxes
During our webinar on September 19 at 1 pm, we will provide an overview of basic estate planning, discuss different types of trusts and estate taxes. Join Leanne Broyles, Esq., Sean McQuarrie, CPA, and Rebecca Sheppard, Esq. to explore these concepts.
Learn how to set yourself up for success: https://bit.ly/3XIvfng
#FrostLaw #Taxes #Estate #Trusts #Business
Looking to better understand, manage, and resolve IRS collection issues on behalf of your clients? Join us on September 19th at 3:30pm at the BECO Conference Center for our upcoming in-person event, Navigating IRS Collections: A Tax Professional's Guide.
Looking to better understand, manage, and resolve IRS collection issues on behalf of your clients?
Join us on September 19th at 3:30pm at the BECO Conference Center for our upcoming in-person event, Navigating IRS Collections: A Tax Professional's Guide.
Frost Law Partner Eli Noff, Esq., CPA, will dive into the intricacies of IRS collections. Over the course of the afternoon, he will cover understanding IRS notices, the importance of collection due process appeals, establishing payment plans, and navigating options for relief and compromise.
Don’t miss out on this unique event where dining meets professional development and industry networking. Reserve your seat now: https://bit.ly/47krhV6
#FrostLaw #IRS #Tax #TaxLaw
We are pleased to announce Peter Haukebo and Rebeca Sheppard have been promoted to partner at Frost Law. Peter and Rebecca joined the firm over 5 years ago. During their 10,000+ hours of professional practice at the firm, they have helped resolve hundred
We are pleased to announce Peter Haukebo and Rebeca Sheppard have been promoted to partner at Frost Law.
Peter and Rebecca joined the firm over 5 years ago. During their 10,000+ hours of professional practice at the firm, they have helped resolve hundreds of tax controversy matters for individuals and businesses in Maryland and around the country. They have also earned several awards for themselves and for the firm in addition to elevating the work of dozens of other attorneys who have practiced alongside them at the firm.
Most recently, the firm found itself at the intersection of tax credits and pandemic relief legislation. Initially helping to increase awareness about the Paycheck Protection Program (PPP) and other relief available at the start of 2020, Peter and Rebecca have also spearheaded important legal guidance for the tax credit opportunity available to many businesses through the Employee Retention Credit program. They have delivered dozens of training to accountants and other tax professionals and continue raising awareness for business owners that are eligible for credit and demystifying the IRS guidance for eligibility, audit readiness, and more.
Our team at Frost Law is confident Rebecca and Peter’s success in achieving exceptional outcomes for their clients, co-workers, and the legal community will continue and we’re excited to continue promoting their good work. Please join us in congratulating them on their success! https://bit.ly/3M4vd3V
Learn about additional covid relief for businesses, and receive up to $26,000 per employee in our latest presentation! This past week Frost Law's Tax Directors Rebecca Sheppard, Esq., and Peter Haukebo, Esq., had the opportunity of presenting with the {{
Learn about additional covid relief for businesses, and receive up to $26,000 per employee in our latest presentation!
This past week Frost Law's Tax Directors Rebecca Sheppard, Esq., and Peter Haukebo, Esq., had the opportunity of presenting with the Maryland Association for Justice, Inc. on the Employee Retention Credit. They explained what the ERC program is, the eligibility criteria, qualified wages, how to claim it, and the tax treatment of the credit.
Watch the presentation here: https://bit.ly/3jCCqbI
#FrostLaw #MAJ #EmployeeRetentionCredit #ERC #CovidRelief #Businesses
A Way With Tax is back with a new episode on the Employee Retention Credit and Recovery For Start-Ups! Frost Law Tax Directors, Rebecca Sheppard, Esq., and Peter Haukebo, Esq., explain what the credit is, the eligibility criteria, and how businesses that
A Way With Tax is back with a new episode on the Employee Retention Credit and Recovery For Start-Ups!
Frost Law Tax Directors, Rebecca Sheppard, Esq., and Peter Haukebo, Esq., explain what the credit is, the eligibility criteria, and how businesses that were established after February 15, 2020, can claim this credit. If you or someone you know started a business after this date check out our video and contact us to start your ERC claim process. https://bit.ly/3tf7dB6
#FrostLaw #AWayWithTax #Tax #ERC #ERTC #RecoveryStartUp #NewBusinesses
A new episode of Taking Shelter is out now and this week we’re discussing cryptocurrency! Peter Palsen is joined by Bestgate Wealth Advisors, LLC, Matt Costa, CPA to discuss best practices for investors when enterin
A new episode of Taking Shelter is out now and this week we’re discussing cryptocurrency!
Peter Palsen is joined by Bestgate Wealth Advisors, LLC, Matt Costa, CPA to discuss best practices for investors when entering the world of cryptocurrency. Watch the full episode to learn 8 cryptocurrency investing tips. https://bit.ly/3sUW1cA
#FrostLaw #LombardoAyers #TakingShelter #Cryptocurrency #Crypto #Investing #Bitcoin
Did you know the U.S. Govt. charges you to relinquish your citizenship? In this week’s 'Taking Shelter' episode, Peter Palsen is joined by John Richardson to discuss the U.S. Exit Tax. They’ll cover what the exit tax is, additional fees the government
Did you know the U.S. Govt. charges you to relinquish your citizenship?
In this week’s 'Taking Shelter' episode, Peter Palsen is joined by John Richardson to discuss the U.S. Exit Tax. They’ll cover what the exit tax is, additional fees the government charges to relinquish citizenship, and problems this may cause.
Watch the full video: https://bit.ly/3uThqod
#FrostLaw #USExitTax #ExitTax #CItizenship #Expatriate #Tax #Taxes
Tax FAQs is back with a new episode and this week we’re tackling Passport Revocation! Partner, Eli Noff, Esq., CPA, will discuss how the IRS may certify your passport for revocation if you owe back taxes. He will dive into practical tips to both avoid c
Tax FAQs is back with a new episode and this week we’re tackling Passport Revocation!
Partner, Eli Noff, Esq., CPA, will discuss how the IRS may certify your passport for revocation if you owe back taxes. He will dive into practical tips to both avoid certification to begin with, or decertify afterwards. Watch the full video now: https://bit.ly/3fZMYA1
#FrostLaw #IRS #PassportRevocation #FinancialFreedom #BackTaxes
Find out how the Build Back Better Act could potentially impact your estate planning ventures in a special Frost Law video! Frost Law Partner and premier estate planning attorney Gary Altman, Esq. will discuss the potential changes around estate planning
Find out how the Build Back Better Act could potentially impact your estate planning ventures in a special Frost Law video!
Frost Law Partner and premier estate planning attorney Gary Altman, Esq. will discuss the potential changes around estate planning that Biden’s Build Back Better Act has proposed. If you’re looking to see the biggest changes being made, check out this video! https://bit.ly/3mT5GMO
#FrostLaw #EstatePlanning #BuildBackBetter #Tax
Are you overwhelmed by the thought of bankruptcy? In the latest episode of “Let’s Talk Bankruptcy,” Frost Law bankruptcy attorney, Dan Staeven discusses the documentation you’ll need to produce to file for bankruptcy. Whether you’re filing for C
Are you overwhelmed by the thought of bankruptcy?
In the latest episode of “Let’s Talk Bankruptcy,” Frost Law bankruptcy attorney, Dan Staeven discusses the documentation you’ll need to produce to file for bankruptcy. Whether you’re filing for Chapter 7 or Chapter 13, Dan provides you with a quick checklist of items needed when filing. Call Dan to ask your bankruptcy questions and put your mind at ease!
Watch the full video now: https://bit.ly/3mCsekV
#FrostLaw #Bankruptcy #Filing #IRS #Chapter7 #Chapter13
Episode 4 of “Tax FAQs” is out and this week we’re discussing the notorious Form 3520 for foreign gifts and trusts and the penalty consequences! Join Eli Noff as he dives into IRS Form 3520, specifically the foreign gift reporting aspect of the form
Episode 4 of “Tax FAQs” is out and this week we’re discussing the notorious Form 3520 for foreign gifts and trusts and the penalty consequences!
Join Eli Noff as he dives into IRS Form 3520, specifically the foreign gift reporting aspect of the form. You will learn about reporting requirements, deadlines to file, and penalties associated with non-filers or incomplete forms.
Watch the full video to learn more about IRS Form 3520: https://bit.ly/2YfIfVF
#FrostLaw #IRS #Tax #InternationalTax #IRSForm3520
Business owners, check out the latest episode of “A Way With Tax” where we dive into Employee Retention Credits (ERC)! Rebecca Sheppard is joined by tax professional Matt Eddleman as they explain what the Employee Retention Credit is, qualifications f
Business owners, check out the latest episode of “A Way With Tax” where we dive into Employee Retention Credits (ERC)!
Rebecca Sheppard is joined by tax professional Matt Eddleman as they explain what the Employee Retention Credit is, qualifications for businesses and trade organizations, and examples of those eligible. Don’t miss out on this incredible opportunity for your business, check out the full video to learn more: https://bit.ly/39q50YX
Want more details on how you could benefit from ERC? Contact our team for more information: https://bit.ly/3tXNZPl
#FrostLaw #ERC #EmployeeRetentionCredit #IRS #Tax #SmallBusiness
The IRS is on the prowl in Puerto Rico. Peter Palsen is back with Frost Law Partner, Eli Noff, Esq., CPA, to provide a six-month update of the IRS campaign to review compliance of individuals claiming Act 22 Puerto Rico tax incentives. What's happened so
The IRS is on the prowl in Puerto Rico.
Peter Palsen is back with Frost Law Partner, Eli Noff, Esq., CPA, to provide a six-month update of the IRS campaign to review compliance of individuals claiming Act 22 Puerto Rico tax incentives. What's happened so far? What can you expect going forward? What are your rights (and how you can avoid the wrongs) if you get a letter from the IRS? They also talk about similarities with past campaigns (including crypto).
Watch the full video now! https://bit.ly/3khpWru
#FrostLaw #TakingShelter #Act22 #InternationalTax #PuertoRico
Do you have foreign bank accounts? If so, you should watch this short video and learn about the Foreign Bank Account Report (FBAR). In the latest episode of Tax FAQs, Frost Law Partner, Eli Noff, Esq., CPA, provides an introduction to FBARS and discusses
Do you have foreign bank accounts? If so, you should watch this short video and learn about the Foreign Bank Account Report (FBAR).
In the latest episode of Tax FAQs, Frost Law Partner, Eli Noff, Esq., CPA, provides an introduction to FBARS and discusses the nuts and bolts of the form filing requirement. FBARs can be complicated and mistakes may result in costly penalties. Watch the full video and contact Eli if you have any questions about coming into compliance with unreported foreign assets. https://bit.ly/3ng6zkm
#FrostLaw #FBAR #FinCEN114 #Form114 #InternationalTax #IRS