The Internal Revenue Service released the revised instructions that
tax-exempt organizations will need to fill out the redesigned Form 990,
which must be filed starting with tax year 2008 (filed in 2009).

Most charities and other tax-exempt
organizations must file an annual informational return with the IRS to
maintain their tax-exempt status. Information reported on Form 990 is
made available to the public.

WASHINGTON

This year will go down as one of the worst for homeowners living on the edge, but Bills.com co-founder and co-CEO Andrew Housser cautions homeowners facing foreclosure not to add to their worries with the unpleasant surprise of tax owed on a foreclosed home.

“Buyers who are ‘upside down’ (meaning the house is worth less than their mortgage) are often at greatest risk of foreclosure, when the lender reclaims the home and sells it to recoup its loss,” Housser said. “Even after foreclosure, though, beware: the previous owner’s commitment is not finished. In some cases, a big tax bill can hit — and hit hard.”

WASHINGTON, DC –U.S. Treasury and Internal Revenue Service today issued guidance regarding how employers can rollover their health Flexible Spending Arrangements (health FSAs) and Health Reimbursement Arrangements (HRAs) to Health Savings Accounts (HSAs) for their employees. 

The Tax Relief and Health Care Act of 2006, Pub. L. No. 109-432, enacted December 20, 2006, allowed employers to amend their health FSAs or HRAs, with balances on September 21, 2006, for a one-time roll over to an HSAs by 2012.  The guidance clarifies the requirements for making these rollovers, which must be made directly to the custodian or trustee of the HSA. 

RE/MAX Millennium Commercial Properties and Ron Costa today announced the launch of the GOZoneProjects.com website, designed to showcase qualified real estate investment opportunities and connect real estate agents, developers, and nationwide investors to take advantage of the unique circumstances that presently exist on the Mississippi Gulf Coast.

We are aspiring to make this website the premiere source for GO Zone information and real estate investments and are happy to collaborate with anyone including agents, developers, brokers, investors, journalists, lawyers, and accountants to make this venture a success
The Gulf Opportunity Act of 2005 (commonly referred to as the "GO Zone" Act) was passed by Congress and signed by President Bush to help the affected counties in Alabama, Mississippi, and Louisiana rebuild subsequent to Hurricanes Katrina, Rita, and Wilma which devastated the area.