米国税理士トムの手帳

Get ahead of the tax deadline; act now to file, pay or request an extension

With the April 15 tax deadline approaching, the IRS reminds taxpayers there is still time file their federal income tax return and request direct deposit. Taxpayers that owe on their tax return IRS reminds people they can avoid paying interest and some penalties by filing their tax return and, if they have a balance due, paying the total amount due by the tax deadline of Monday, April 15. Fo..

2024/04/06 13:47

Deductions for individuals: What they mean and the difference between standard and itemized deductions

A deduction reduces the amount of a taxpayer's income that's subject to tax, generally reducing the amount of tax the individual may have to pay. Most taxpayers now qualify for the standard deduction, but there are some important details involving itemized deductions that people should keep in mind. Standard deduction The standard deduction is a specific dollar amount that reduces the am..

2024/03/02 14:49

【更新】税金申告に使用する換算レートについて

例年では1月上旬にFRB（連邦準備制度理事会）より前年中の年間の平均為替レートが発表されておりましたが、ようやくFRBの2023年の年間の平均為替レートが分かりましたのでご案内させて頂きます。 2023年の連邦税、州税申告書類で使用する換算レートは、1米国㌦=140.50円となります。 今回の発表前にすでに書類作成に着手させて頂いておりますお客さまは、IRSが発表しております年間の平均為替レートの1米国㌦＝140.51円で書類作成を進めさせて頂きます。 何卒ご理解頂けますようにお願い申し上げます。

2024/02/02 15:42

税金申告に使用する換算レートについて

換算レートの件、お客さまになかなかご連絡出来ずにご不便をおかけしております。 弊所でお客さまより税金申告書類の作成のご依頼を承る場合には、FRB（連邦準備制度理事会）が発表する年間の平均為替レートを使用しておりますが、あいにく本日時点でも発表されておりません。 もう少し待ってもFRBの為替レートが分からない場合には、IRSのホームページ内で発表されている年間平均為替レートを使いお客さまの税金申告書類を開始させて頂きます。 IRSのホームページ内で発表されている2023年の為替レートは、1㌦＝140.51円となります。

2024/01/16 14:39

年始のご挨拶

新年あけましておめでとうございます。 皆様には、健やかに新春を迎えられたことと、お慶び申し上げます。 旧年中はひとかたならぬご厚情をいただきありがとうございます。 本年も変わらぬお引き立ての程よろしくお願い申し上げます。 皆様のご健勝とご発展をお祈り申し上げます。 --------------------------------------------------------------------- New Year's Greetings Happy New Year. I would like to congratulate you on the healthy new year. Thank you very much for your kindness during last year and for your continued support this ..

2024/01/01 11:48

Publications help taxpayers get ready and stay ready for tax filing season

With the tax filing season almost here, taxpayers should check out two IRS publications available on IRS.gov. These publications can help people get prepared and stay organized with tips for year-round tax planning. Publication 5348,Get ready to file Tax planning is for everyone. Taxpayers can use this publication to help themselves get ready to file their 2023 federal income tax return..

2023/12/09 07:00

Good recordkeeping year-round helps taxpayers avoid tax time frustration

Wading through a pile of statements, receipts and other financial documents when it's time to prepare a tax return can be frustrating for people who haven't managed their records. By knowing what they need to keep and how long to keep it, people can develop a good recordkeeping system year-round and make filing their return easier. Good recordkeeping can also help taxpayers understand their sit..

2023/11/04 11:38

Tax basics for setting up a business

Starting a new business can seem overwhelming for new entrepreneurs or even seasoned professionals. The IRS has resources to help new business owners understand the tax responsibilities of running a business. Here are a few things any entrepreneur needs to do when starting their business. 1.Choose a business structure The form of business determines which income tax return a business need..

2023/10/07 10:31

Tax considerations for people who are separating or divorcing

When couples separate or divorce, the change in their relationship status affects their tax situation. The IRS considers a couple married for tax filing purposes until they get a final decree of divorce or separate maintenance. Tax treatment of alimony and separate maintenance •Amounts paid to a spouse or a former spouse under a divorce decree, a separate maintenance decree or a written sepa..

2023/09/02 07:00

Things for extension filers to keep in mind as they prepare to file

Many people requested an extension to file their tax return after the usual April deadline. These filers have until Oct. 16, 2023, to complete and file their tax return. The IRS suggests that those who already have the forms and information they need file now – there's no advantage to waiting until the deadline and filing now saves the worry that they may miss the deadline. There are a few thin..

2023/08/05 15:51

Tax considerations when selling a home

When selling a home, homeowners should think about: Ownership and use To claim the exclusion, the taxpayer must meet ownership and use tests. During the five-year period ending on the date of the sale, the homeowner must have owned the home and lived in it as their main home for at least two years. Gains Taxpayers who sell their main home for a capital gain may be able to exclude u..

2023/07/01 13:23

IRS reminds U.S. taxpayers living and working abroad to file their 2022 tax return by June 15

The Internal Revenue Service reminded American taxpayers living and working outside the U.S. to file their 2022 federal income tax return by Thursday, June 15. This deadline applies to both U.S. citizens and resident aliens abroad, including those with dual citizenship. Qualifying for the June 15 extension A taxpayer qualifies for the June 15 filing deadline if: •Both their tax home and..

2023/06/03 11:11

Filing a final federal tax return for someone who has died

After someone with a filing requirement passes away, their surviving spouse or representative should file the deceased person's final tax return. On the final tax return, the surviving spouse or representative should note that the person has died. The IRS doesn't need a copy of the death certificate or other proof of death. Usually, the representative filing the final tax return is named in the..

2023/05/06 09:59

Taxpayers should know that an extension to file is not an extension to pay taxes

Taxpayers who aren't able to file by the April 18, 2023, deadline can request an extension before that deadline, but they should know that an extension to file is not an extension to pay taxes. If they owe taxes, they should pay them before the due date to avoid potential penalties and interest on the amount owed. Taxpayers who request a six-month extension to file their taxes have unt..

2023/04/01 07:00

Things to consider when filing a 2022 tax return.

Things to consider before filing Taxpayers should wait to file until they receive all their proper tax documents, or they risk making a mistake that could cause delays. They should also review their documents carefully. If any of the information is inaccurate or missing, taxpayers should contact the payer right away for a correction or to ensure the issuer has their current mailing or em..

2023/03/04 07:00

Key points to keep in mind when filing 2022 tax returns

To help taxpayers navigate the beginning of the tax filing season, the Internal Revenue Service offered a checklist of reminders for people as they prepare to file their 2022 tax returns. From gathering paperwork to filing a tax return, these easy steps will make tax preparation smoother in 2023: 1.Gather tax paperwork and records for accuracy to avoid missing a deduction or credit. Taxp..

2023/02/04 12:24

About the exchange rate used for 2022 tax returns（2022年の税金申告に使用する換算レートについて）

Thank you for visiting my blog during the last year. I look forward to your continued patronage this year. Federal Reserve Bank (FRB) announced the exchange rate on January 9, with the exchange rate converted from Japanese yen to U.S. dollar at 131.46 yen per U.S. dollar. In addition to FRB, exchange rates announced by organizations listed at the following sites are also available: Fo..

2023/01/11 19:30

2022 changes that may affect your tax refund

Changes in the number of dependents, employment or self-employment income and divorce, among other factors, may affect your tax-filing status and refund for 2023. No additional stimulus payments. Unlike 2020 and 2021, there were no new stimulus payments for 2022 so taxpayers should not expect to get an additional payment in their 2023 tax refund. Some tax credits return to 2019 levels. ..

2022/12/03 07:00

The tax responsibilities that come with shutting down a business

There are many reasons a business owner may choose to close their doors, and there are many things that must be done to go out of business. Two important steps all business owners must take are fulfilling their federal tax responsibilities and informing the IRS of their plans. The closing a business page of IRS.gov is designed to help owners navigate the process of shutting down. Closing a busi..

2022/11/05 07:00

Got a letter or notice from the IRS? Here are the next steps

When the IRS needs to ask a question about a taxpayer’s tax return, notify them about a change to their account, or request a payment, the agency often mails a letter or notice to the taxpayer. Getting mail from the IRS is not a cause for panic but, it should not be ignored either. When an IRS letter or notice arrives in the mail, here’s what taxpayers should do:

2022/10/01 07:00

Taxpayers: File when ready, don’t wait until October 17 to file a 2021 tax return

For people who requested an IRS extension to file, the October 17, 2022, deadline may seem far away, but it's coming up fast. Taxpayers who haven't filed, whether they requested an extension or not, should file a complete and accurate return as soon as possible. For people who have all their paperwork in hand, filing sooner and filing electronically could help them avoid possible processing delays..

2022/09/03 07:00

IRAs are one tool in the retirement planning toolbox

There are many ways people plan for retirement. Individual Retirement Arrangements, or IRAs, are a common one. IRAs provide tax incentives for people to make investments that can provide financial security when they retire. These accounts can be with a bank or other financial institution, a life insurance company, mutual fund, or stockbroker.

2022/08/06 10:04

How to file a final tax return for someone who has passed away

When someone dies, their surviving spouse or representative files the deceased person's final tax return. On the final tax return, the surviving spouse or representative will note that the person has died. The IRS doesn't need any other notification of the death. Usually, the representative filing the final tax return is named in the person's will or appointed by a court. Sometimes when there i..

2022/07/02 06:00

Selling a home

Taxpayers who are selling their home may qualify to exclude all or part of any gain from the sale from their income when filing their tax return. Here are some things that homeowners should think about when selling a home:

2022/06/04 07:00

U.S. Citizens and Resident Aliens Abroad - Automatic 2 Month Extension of Time to File

You are allowed an automatic 2-month extension to file your return and pay federal income tax if you are a U.S. citizen or resident alien, and on the regular due date of your return: •You are living outside of the United States and Puerto Rico and your main place of business or post of duty is outside the United States and Puerto Rico, or •You are in military or naval service on duty outside..

2022/05/07 06:00

Taxpayers should file their tax return on time to avoid costly interest and penalty fees

Taxpayers should file their tax return by the deadline even if they cannot pay their full tax bill. Taxpayers who owe tax and don't file on time, may be charged a failure-to-file penalty. This penalty is usually five percent of the tax owed for each month, or part of a month that the tax return is late, up to 25%. If an individual taxpayer owes taxes, but can't pay in full by the April 18, 2022..

2022/04/02 07:00

How a taxpayer’s filing status affects their tax return

A taxpayer's filing status typically depends on whether they are considered unmarried or married on December 31, which determines their filing status for that entire year. More than one filing status may apply in certain situations. If this is the case, taxpayers can usually choose the filing status that allows them to owe the least amount of tax. When preparing and filing a tax return..

2022/03/05 07:00

Common tax return mistakes that can cost taxpayers

Tax laws are complicated but the most common tax return errors are surprising simple. Many mistakes can be avoided by filing electronically. Tax software does the math, flags common errors and prompts taxpayers for missing information. It can also help taxpayers claim valuable credits and deductions. •Filing too early. While taxpayers should not file late, they also should not file prematurely..

2022/02/05 07:00

About the exchange rate used for 2021 tax returns（税金申告に使用する換算レートについて）

Thank you for visiting my blog during the last year. I look forward to your continued patronage this year. Federal Reserve Bank (FRB) announced the exchange rate on January 3, with the exchange rate converted from Japanese yen to U.S. dollar at 109.84 yen per U.S. dollar. In addition to FRB, exchange rates announced by organizations listed at the following sites are also available: Foreig..

2022/01/15 07:00

New Year's Greetings / 年始のご挨拶

Happy New Year. I would like to congratulate you on the healthy new year. Thank you very much for your kindness during last year and for your continued support this year. I wish you good health and development. ---------------------------------------------------------------------- 新年あけましておめでとうございます。 皆様には、健やかに新春を迎えられたことと、お慶び申し上げます。 旧年中はひとかたならぬご厚情をいただきありがとうございます。 本年も変わらぬお引き立ての程よろしくお願い申し上げます。 ..

2022/01/01 07:00

What taxpayers can do now to get ready to file taxes in 2022

There are steps people, including those who received stimulus payments or advance child tax credit payments, can take now to make sure their tax filing experience goes smoothly in 2022. They can start by visiting the Get Ready page on IRS.gov. Here are some other things they should do to prepare to file their tax return.

2021/12/04 07:00

The tax responsibilities that come with shutting down a business

There are many reasons a business owner may choose to close their doors, and there are many things that must be done to go out of business. Two important steps all business owners must take are fulfilling their federal tax responsibilities and informing the IRS of their plans. The closing a business page of IRS.gov is designed to help owners navigate the process of shutting down. ●closing a busi..

2021/11/06 07:00

Here are some key reminders for extension filers

October 15 is fast approaching. That's the last day to file for most people who requested an extension for their 2020 tax return. These taxpayers can file any time on or before Friday, October 15 if they have all their required tax-related documents. They should also pay part or all their taxes since amounts owed after May 17 this year could be subject to penalties and interest. Here are t..

2021/10/02 07:00

Taxpayers can find answers to questions about payments and penalties on IRS.gov

Payments ・Payment options This page lays out the different ways taxpayers can pay what they owe, from having the payment taken directly from their bank account to using a credit card. ・Payment plan Taxpayers who cannot pay what they owe in full can learn their options on this page. ・View balance and payment history Individual taxpayers can use this tool to check their account and se..

2021/09/04 07:00

Need to file an amended tax return

The IRS will correct common errors during processing. However, there are certain situations in which a taxpayer may need to file an amended return to make a correction. Here are some tips for anyone who discovered they made a mistake or forgot to include something on their tax return.

2021/08/07 07:00

Do’s and Don’ts for taxpayers who get a letter or notice from the IRS

The IRS mails letters or notices to taxpayers for a variety of reasons including if: •They have a balance due. •They are due a larger or smaller refund. •The agency has a question about their tax return. •They need to verify identity. •The agency needs additional information. •The agency changed their tax return. Here are some do's and don'ts for taxpayers who receive one:

2021/07/03 07:00

Here’s how taxpayers can check the status of their federal tax return

The most convenient way to check on a tax refund is by using the Where's My Refund? tool. Taxpayers can start checking their refund status within 24 hours after an e-filed return is received. The tool also provides a personalized refund date after the return is processed and a refund is approved. Taxpayers can access the Where's My Refund? tool two ways: •Visiting IRS.gov •Downloading the..

2021/06/05 07:00

Here’s why some people got more than one notice about their Economic Impact Payments

After each of the three Economic Impact Payments is issued, the IRS is required to mail a notice to each recipient's last known address. The notice provides information about the amount of the payment, how it was made and how to report any payment that wasn't received. Some people may receive multiple notices about each payment. Most people will simply file the notice with their tax records and wo..

2021/05/01 07:00

IRS extends additional tax deadlines for individuals to May 17

The Internal Revenue Service announced that individuals have until May 17, 2021 to meet certain deadlines that would normally fall on April 15, such as making IRA contributions and filing certain claims for refund. This follows a previous announcement from the IRS on March 17, that the federal income tax filing due date for individuals for the 2020 tax year was extended from April 15, 2021, to ..

2021/04/03 07:00

Here’s what taxpayers should do if they have missing or incorrect documents

Taxpayers should double-check to make sure they have all their documents before filing a tax return. Taxpayers who haven't received a W-2 or Form 1099 should contact the employer, payer or issuing agency and request the missing documents. This also applies for those who received an incorrect W-2 or Form 1099.

2021/03/06 07:00

2021 tax filing season set to begin February 12

The IRS will begin accepting and processing 2020 tax year returns on Friday, February 12, 2021. ・Friday, February 12. IRS begins 2021 tax season. Individual tax returns start being accepted and processing begins. ・Thursday, April 15. Due date for filing 2020 tax returns or requesting extension of time to file. ・Thursday, April 15. Due date for paying 2020 tax owed to avoid owing interest ..

2021/02/06 07:00

“2020年換算レート（Currency Exchange Rates）”について

昨年中はブログに訪問いただき有り難うございました。本年もご愛顧いただけますようにお願い申し上げます。 さて、Federal Reserve Bank(FRB)より1月4日に発表がありました外国為替レート（Foreign Exchange Rates）をご案内させて頂きます。 下記の換算レートは、税金申告の際に米国外の通貨を米国㌦に換算する際に使用するものになります。 （FRB:Board of Governors of the Federal Reserve System） 1米国㌦=106.78円となります。 FRB以外にも以下のサイトにて案内されている組織により発表された換算レートも使用可能です。 Foreign Currency and Currency Exchange Rates ■■■■■■■■■■■■■■■■■■■■■■■■■■■■..

2021/01/09 11:13

New Year's Greetings / 年始のご挨拶

Happy New Year. I would like to congratulate you on the healthy new year. Thank you very much for your kindness during last year and for your continued support this year. I wish you good health and development. ------------------------------------------------------------------------------------------------------------ 新年あけましておめでとうございます。 皆様には、健やかに新春を迎えられたこととお慶び申し上げます 旧年中はひとかたならぬご厚情をいただきありが..

2021/01/01 07:00

Steps to take now to make tax filing easier in 2021

The Internal Revenue Service today encouraged taxpayers to take necessary actions this fall to help file federal tax returns timely and accurately in 2021. To make sure taxpayers don’t miss out on tax benefits or make mistakes, they can take a few simple steps now to make filing their taxes easier in 2021. An important first step to getting taxes ready is to gather all tax records. Having re..

2020/12/05 07:00

IRS Notice or Letter

The IRS normally sends correspondence in the mail. Keep these important points in mind if you get a letter or notice: •Don‘t Ignore It.  You can respond to most IRS notices quickly and easily. •Follow Instructions.  Read the notice carefully. It will tell you if you need to take any action. Be sure to follow the instructions. The letter will also have contact information if you have questi..

2020/11/14 07:00

Need to file an amended tax return

The IRS will correct common errors during processing. However, there are certain situations in which a taxpayer may need to file an amended return to make a correction. Here are some tips for anyone who discovered they made a mistake or forgot to include something on their tax return.

2020/10/17 12:09

Taxpayers should renew expiring ITINs early to avoid a refund delay next year

Individual taxpayer identification numbers(ITINs) are used by taxpayers who have tax filing or payment obligations under U.S. law but who are not eligible for a Social Security number. People with expiring individual taxpayer identification numbers should renew their number ASAP. This will help avoid unnecessary delays related to their tax refund next year. Which ITINs will expire this year ..

2020/09/12 09:13

IRS issues final regulations and other guidance on business interest expense deduction limitation

The Internal Revenue Service issued final regulations regarding the provision of the Tax Cuts and Jobs Act that limits the deduction for business interest expense, including basic statutory amendments made by the CARES Act. For tax years beginning after December 31, 2017, business interest expense deductions are generally limited to the sum of: •the taxpayer's business interest income; •30 ..

2020/08/01 07:00

Taxpayers should file by July 15 tax deadline: automatic extension to Oct. 15 available

The Department of the Treasury and IRS announced the tax filing and payment deadline of July 15 will not be postponed. Individual taxpayers unable to meet the July 15 due date can request an automatic extension of time to file until Oct. 15. Due to COVID-19, the original filing deadline and tax payment due date for 2019 was postponed from April 15 to July 15. The IRS reminds taxpayers fi..

2020/07/04 07:00

June 15 tax deadline postponed to July 15 for taxpayers who live and work abroad

Internal Revenue Service reminded people who live and work abroad that they have until Wednesday, July 15, 2020, to file their 2019 federal income tax return and pay any tax due. The usual deadline is June 15. This extension was included in a wide range of Coronavirus-related relief announced in early April. The extension generally applies to all taxpayers who have an income tax filing or payme..

2020/06/06 07:00

Economic Impact Payments

The IRS is regularly updating the Economic Impact Payment and the Get My Payment tool frequently asked questions pages on IRS.gov as more information becomes available. Quick links to the Frequently Asked Questions on IRS.gov: •Economic Impact Payments: •Get My Payment tool: No action needed by most taxpayers: Eligible taxpayers who filed tax returns for 2019 or 2018 will rece..

2020/05/02 06:00

申告期限延長のお知らせ（Deadline is postponed to July 15）

いつもブログに訪問いただき有り難うございます。 この度の新型コロナウィルスの感染拡大により生活に大きな影響を受けられている方がほとんどではないでしょうか？ 時節柄ご自愛頂けますようにお願い申し上げます。 さて、例年この時期のブログでは“申告期限に間に合いそうにない方へ延長申請のご案内”をしておりましたが、今回のブログでは“申告期限が延長されたことをご案内”させて頂きます。

2020/04/04 06:00

Five steps taxpayers can take now to protect against identity theft

All taxpayers should make sure they're doing everything they can to prevent a thief from stealing their identity. Tax-related ID theft occurs when someone uses a taxpayer's stolen personal information to file a tax return claiming a fraudulent refund. The thieves use personal information like a stolen Social Security number. Here are some tips to help taxpayers protect themselves against ide..

2020/03/07 07:00

"Start of acceptance of 2019 individual income tax return"

From Monday, January 27, U.S. time, IRS is starting to accept individual income tax return (Form 1040) . The filing deadline is Wednesday, April 15. However, if you live outside the United States, Form 1040 is extended an automatic two months' extension . It will be until Monday, June 15. ------------------------------------------------------------------------------------------------------..

2020/02/01 06:00

“2019年換算レート（Currency Exchange Rates）”について

昨年中はブログに訪問いただき有り難うございました。本年もご愛顧いただけますようにお願い申し上げます。 さて、Federal Reserve Bank(FRB)より1月2日に発表がありました外国為替レート（Foreign Exchange Rates）をご案内させて頂きます。 下記の換算レートは、米国外の通貨を米国㌦に換算する際に使用するものになります。 （FRB:Board of Governors of the Federal Reserve System） 1米国㌦=109.02円となります。 FRB以外にも以下のサイトにて案内されている組織により発表された換算レートも使用可能です。 Foreign Currency and Currency Exchange Rates ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■..

2020/01/04 07:00

年始のご挨拶（New Year's Greetings）

新年あけましておめでとうございます。 皆様には、健やかに新春を迎えられたことと、お慶び申し上げます。 旧年中はひとかたならぬご厚情をいただきありがとうございます。 本年も変わらぬお引き立ての程よろしくお願い申し上げます。 皆様のご健勝とご発展をお祈り申し上げます。 ------------------------------------------------------------------------------------------------ Happy New Year. I would like to congratulate you on the healthy new year. Thank you very much for your kindness during last year and for your continued supp..

2020/01/01 06:00

Taxpayers can take steps now to Get Ready to file their taxes in 2020

There are steps people can take now to make sure their tax filing experience goes smoothly next year. Here are a few other things people can do now: Check their withholding and make any adjustments soon Since most employees typically only have a few pay dates left this year, checking their withholding soon is especially important. It's even more important for those who: •Received ..

2019/12/07 07:00

2 million ITINs set to expire in 2019; to avoid refund delays apply soon

Taxpayers with expiring Individual Taxpayer Identification Numbers (ITINs) can get their ITINs renewed more quickly and avoid refund delays next year by submitting their renewal application soon. An ITIN is a tax ID number used by taxpayers who don't qualify to get a Social Security number. Any ITIN with middle digits 83, 84, 85, 86 or 87 will expire at the end of this year. In addition, any IT..

2019/11/02 07:00

The filing deadline for extension filers is almost here

It’s almost here…the filing deadline for taxpayers who requested an extension to file their 2018 tax return. This year’s deadline is Tuesday, October 15. Even though time before the extension deadline is dwindling, there’s still time for taxpayers to file a complete and accurate return. Taxpayers should remember they don’t have to wait until October 15 to file. They can file wheneve..

2019/10/05 07:00

Taxpayers can use 2018 tax return to estimate 2019 withholding amount

Millions of people have filed their 2018 tax return, making this a prime time to consider whether their tax situation came out as expected. If not, taxpayers can use their finished 2018 return and the Tax Withholding Estimator to do a Paycheck Checkup ASAP and, if needed, adjust their withholding.

2019/09/07 11:23

Tax planning includes determining filing status

Single or married? Kids or no kids? These are just a couple of questions that will help someone determine their tax filing status. Taxpayers usually only think about their filing status when filing their returns. However, this is something to think about all year, especially if it changes. A taxpayer’s filing status is used to determine their: •Filing requirements •Standard deduction •Eligib..

2019/08/03 07:00

Tips for taxpayers who may need to amend their tax return

Although the IRS often finds and corrects errors during processing, there are certain situations in which a taxpayer may need to file an amended return to make a correction. Here are some quick tips for anyone who discovered they made a mistake or forgot to include something on their tax return.

2019/07/06 07:00

Taking care of business: recordkeeping for small businesses

Small business owners should keep good records. This applies to all businesses, whether they have a couple dozen employees or just a few. Whether they install software or make soft-serve. Whether they cut hair or cut lawns. Keeping good records is an important part of running a successful business. Here are some questions and answers to help business owners understand the ins and outs of good r..

2019/06/01 07:00

If You Need More Time to File Your Taxes

Tax deadline is approaching. What happens if you can’t get your taxes done by the due date? If you need more time, you can get an automatic six-month extension from the IRS. You don’t have to explain why you’re asking for more time. Here are important things to know about filing an extension: 1. File on time even if you can’t pay. If you complete your tax return but can’t pay the taxes y..

2019/04/06 07:00

There are six new schedules some taxpayers will file with the new Form 1040

The 2018 Form 1040 replaces prior year Forms 1040, 1040A and 1040EZ. The 2018 Form 1040 uses a building-block approach that allows individuals to file only the schedules they need with their federal tax return. While commonly used lines on the prior year form are still on the 2018 Form 1040, other lines are now Schedules 1 through 6 and organized by category. The six new numbered sched..

2019/03/02 07:00

“2018年個人所得税申告書類の受け付け開始”について

米国時間の1月28日（月）よりIRS（米内国歳入庁）よる個人所得税申告書類（Individual Income Tax Return）の受け付けが開始しております。 昨年のクリスマス時期より政府機関の一部閉鎖の影響で1ヵ月以上閉鎖されておりましたIRSへの電話もつながるようになりました。 今回の政府機関の閉鎖解除が1月26日に3週間の期限がついた暫定予算の合意によるものなので、3週間後に再び議会が紛糾した場合にIRSの窓口も閉鎖されるのではないかと心配です。 混乱の多い2018年のタックスシーズンですが、自動延長を選択しない場合の申告期限は4月15日（月）までとなります。 ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ Edited by Office T.Professional 米国税理士 小野..

2019/02/02 06:00

“2018年換算レート（Currency Exchange Rates）”について

昨年中はブログに訪問いただき有り難うございました。本年もご愛顧いただけますようにお願い申し上げます。 さて、IRSより2018年の個人所得税申告書（Individual Income Tax Return）の受け付け開始日については依然として発表はありませんが、タックスシーズンに向けて準備を始められている方は多いと考えております。 1月2日付にてFederal Reserve Bank(FRB)より発表がありました外国為替レート（Foreign Exchange Rates）をご案内させて頂きます。 下記の換算レートは米国外の通貨を米国㌦に換算する際に使用するものになります。 （FRB:Board of Governors of the Federal Reserve System） 日本円を米国㌦に換算する場合には、1米国㌦=110.40円を使用しま..

2019/01/05 06:00

年始のご挨拶

新年あけましておめでとうございます。 皆様には健やかに新春を迎えられたこととお慶び申し上げます。 旧年中はひとかたならぬご厚情をいただきありがとうございました。 本年も変わらぬお引き立ての程よろしくお願い申し上げます。 最後となりましたが皆様のご健勝とご発展をお祈り申し上げます。 ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ Written by Office T.Professional 米国税理士小野 知史（Tomofumi Ono） ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■

2019/01/01 06:00

New IRS publication helps taxpayers Get Ready for tax reform

The IRS issued a new publication to help taxpayers learn about tax reform and how it affects their taxes. Taxpayers can access Publication 5307, Tax Reform Basics for Individuals and Families, on IRS.gov/getready. While last year’s Tax Cuts and Jobs Act includes tax changes for both individuals and businesses, this publication is specifically geared to individual taxpayers. It breaks down t..

2018/12/01 07:00

Several tax law changes may affect bottom line of many business owners

Here are several changes that could affect the bottom line of many small businesses: ◆Qualified Business Income Deduction Many owners of sole proprietorships, partnerships, trusts and S corporations may deduct 20 percent of their qualified business income. The new deduction -- referred to as the Section 199A deduction or the qualified business income deduction -- is available for tax years b..

2018/11/03 06:00

Things for extension filers to remember

Oct. 15 is almost here, and it’s the last day to file for most people who requested an automatic six-month extension for their 2017 tax returns. These taxpayers should remember that they can file any time before Oct. 15 if they have all their required tax documents. As extension filers prepare to file, here are some things they should know: •A refund may be waiting. Anyone due a refund..

2018/10/06 06:00

What's New for 2018

Standard deduction amount increased. For 2018, the standard deduction amount has been increased for all filers, and the amounts are as follows. •Single or Married Filing Separately—$12,000. •Married Filing Jointly or Qualifying Widow(er)—$24,000. •Head of Household—$18,000. Due to the increase in the standard deduction and reduced usage of itemized deductions.

2018/09/01 07:00

Withholding On Payments of U.S. Source Income to Foreign Persons

Generally, a foreign person is subject to U.S. tax on its U.S. source income. Most types of U.S. source income received by a foreign person are subject to U.S. tax of 30%. A reduced rate, including exemption, may apply if an Internal Revenue Code Section provides for a lower rate, or there is a tax treaty between the foreign person's country of residence and the United States. The ..

2018/08/04 07:00

What taxpayers can do when a letter arrives this summer

Some taxpayers will receive a letter from the IRS this summer. Taxpayers should not panic and remember that they have fundamental rights when interacting with the agency. These rights are in the Taxpayer Bill of Rights. Among other things, these rights dictate that letters from the IRS must include: ●Details about what the taxpayer owes, such as tax, interest and penalties. ●An explanation ab..

2018/07/07 06:00

IRS Notice or Letter

The IRS normally sends correspondence in the mail. Keep these important points in mind if you get a letter or notice: •Don't Ignore It.You can respond to most IRS notices quickly and easily. •Follow Instructions.Read the notice carefully. It will tell you if you need to take any action. Be sure to follow the instructions. The letter will also have contact information if you have questions. ..

2018/06/02 10:55

Taxpayers Living Abroad

Taxpayers abroad qualifying for an automatic two-month extension must file their 2017 federal income tax returns by June 15. The June 15 deadline applies to U.S. citizens and resident aliens living overseas, or serving in the military outside the U.S. on the regular April 18 due date. Federal law requires U.S. citizens and resident aliens to report any worldwide income, including income..

2018/05/05 06:00

If You Need More Time to File Your Taxes

Tax deadline is approaching. What happens if you can’t get your taxes done by the due date? If you need more time, you can get an automatic six-month extension from the IRS. You don’t have to explain why you’re asking for more time. Here are important things to know about filing an extension:

2018/03/31 06:00

Taxable and Nontaxable Income

Most types of income are taxable, but some are not. Income can include money, property or services that you receive. Here are some examples of income that are usually not taxable: •Child support payments; •Welfare benefits; •Damage awards for physical injury or sickness; •Cash rebates from a dealer or manufacturer for an item you buy; and •Reimbursements for qualified adopti..

2018/03/03 06:00

“換算レート（Currency Exchange Rates）”について

29日（月）より米内国歳入庁（IRS）にて2017年個人所得税申告書類（Individual Income Tax Return）の受け付けが開始されております。 さて、2017年の個人所得税（Individual Income Tax）にて使用する外国為替レート（Foreign Exchange Rates）をご案内させて頂きます。 （FRB:Board of Governors of the Federal Reserve System） 1米国㌦=112.10円です。 2016年の換算レートは1㌦=108.66円で、2015年の換算レートは1㌦=121.05円でした。 ちなみに、米内国歳入庁（IRS）のサイト内で紹介をされたその他の機関が発表している為替レート でも使用が可能です。 つぎに、2017年のFBAR(Report..

2018/02/03 06:24

“2017年個人所得税申告書類の提出開始日”について

昨年中はブログに訪問いただき有り難うございました。 本年もご愛顧いただけますようにお願い申し上げます。 さて、例年より発表が遅い気もしますが、米国時間の4日にIRS（米内国歳入庁）より2017年個人所得税申告書類（2017 Individual Income Tax Return）の受け付け開始日の発表がありましたのでご案内させて頂きます。 1月29日（月）より受け付け開始で、延長申告をしない場合、自動延長がない場合の申告期限は4月17日（火）までとなります。 Tax Filing Season Begins Jan. 29, Tax Returns Due April 17 ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ Written by Office T.Professional ..

2018/01/06 06:00

年始のご挨拶

昨年は格別の御厚情を賜り、厚く御礼を申し上げます。 本年も皆様にご満足頂けるサービスを心がける所存でございます。 何卒、昨年同様のご愛顧を賜わりますよう、お願い申し上げます。 皆様のご健勝とますますのご発展を心よりお祈り致します。 ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ Written by Office T.Professional 米国税理士小野 知史（Tomofumi Ono） ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■

2018/01/01 06:00

年末のご挨拶

今年も弊所をご利用いただきありがとうございました。来たる2018年も皆さまにとって良い1年となることを心よりお祈りします。 さて、年末・年始にあたり勝手ながら12月29日（金）～1月3日（水）までお休みとさせて頂きます。期間中お電話でのお問い合わせにはお答えいたしかねますことをあらかじめご了承ください。 また、メールでのお問い合わせにつきましては1月4日（木）以降に順次ご対応させて頂きます。 2018年もご愛顧の程を宜しくお願い申し上げます。 ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ Written by Office T.Professional 米国税理士小野 知史（Tomofumi Ono） ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■

2017/12/29 15:07

Five Things to Know about Estimated Taxes and Withholding

With 10 million taxpayers a year facing estimated tax penalties, the IRS offers some simple tips to help prevent a surprise at tax time. Taxpayers who pay enough tax throughout the year can avoid a large tax bill and penalties when they file their return. Taxpayers should make estimated tax payments if: •The tax withheld from their income does not cover their tax for the year. •They have i..

2017/12/02 06:00

What Taxpayers Can Do Now Before Filing Their Return in 2018

米与党・共和党の議会指導部は2日、税制改革案の詳細を発表しました。9月27日に発表されていた改革案とほぼおなじ内容となっておりますが、目に留まった点は以下になります。 ◆個人所得税 ・7段階の税率区分を12％、25％、35％、39.6％の4段階の税率区分にする。 ・住宅ローン利子控除の適用上限となる住宅購入価格を現行の半分（50万㌦）にする。 今回の税法改革案が議会で可決された場合でも2018年以降の適用となりますが、来年初めよりの税金申告シーズン前にすべき手続きをご案内させて頂きます。

2017/11/04 09:17