by Ross Lustman | May 8, 2023 | News
On April 3, 2023 the United States Tax Court issued a ruling that may have profound consequences for US citizens with interest in overseas corporations. In Farhy v. Commissioner, 160 T.C. No. 6, the Tax Court held that the IRS did not have statutory authority to...
by Ross Lustman | Feb 27, 2023 | Tax Tips
A crucial consideration for any US citizen who earns an income is whether they should be considered an employee or an independent contractor. The people who hire you will often want to classify you as an independent contractor. This allows them to save on employment...
