Monthly Archives: January 2014

FBAR Changes for 2014

There have been some changes made by by FINCEN (the Financial Crimes Enforcement Network) for the Report of Foreign Bank and Financial Accounts (FBAR) for 2014. While overall these are minor, they will impact everyone who files an FBAR. First, … Continue reading

Posted in FINCEN, International | 64 Comments

1099 Time

As we finish the first week of January, we’re running some repeats of important issues. It’s time for businesses to send out their annual information returns. These are the Form 1099s that are sent to to vendors when required. Let’s … Continue reading

Posted in Gambling, IRS | Tagged | 1 Comment

Your Mileage Log — Start It Now (2014 Version)

I’m going to start the new year with a few reposts of essential information. Yes, you do need to keep a mileage log: Today is the first business day of the new year. You may have resolved to keep good … Continue reading

Posted in IRS | Tagged | 6 Comments