Category Archives: IRS News

IRS News – LSL CPAs & Business Advisors – 714-569-1000 – Santa Ana, California

The New IRS Repair Regulations and How They Affect Your 2014 Tax Return
January 26, 2015

The IRS has issued final, comprehensive “repair regulations” that affect both real and personal property...

Even Past The Treasury Department Filing Deadline, LSL CPAs Can Help With Annual Reporting Of Foreign Bank And Financial Accounts – FBAR
August 9, 2013

Despite the passing of the June 30th filing deadline, the international tax experts at LSL...

CAR Survey Reveals A Rise In Foreign Real Estate Investment In California, Resulting In Potential IRS Tax Issues And Problems
August 7, 2013

As foreign buyers make up a quarter of the people buying and selling real estate...

If Only 25% Of A Company Is Under Foreign Ownership, IRS Form 5472 Must Be Filed With Full Disclosure
August 5, 2013

CPAs without international tax experience too often overlook IRS Form 5472, leading directly to problems...