Recent Posts in October, 2018

• New VA Regulations Are Invalid
  Oct 30, 2018
  Introduction Government agencies have several restrictions on promulgating regulations. First, the regulation must be clarifying a statute that is ...
  Posted By Castro & Co.
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• Cancellation of Debt Income
  Oct 29, 2018
  by John Anthony Castro, J.D., LL.M. Introduction If you received a Form 1099-C, it's likely because you defaulted on a debt. When you default on a ...
  Posted By Castro & Co.
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• Converting to an S Corporation to Reduce Self-Employment Tax
  Oct 15, 2018
  Summary If, after deducting all of your business expenses, you still have more than $60,000 of net business income, making an election for you current ...
  Posted By Castro & Co.
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• The IRS Has Ended the Offshore Voluntary Disclosure Program
  Oct 3, 2018
  The Internal Revenue Service (IRS) has announced that they have formally ended the Offshore Voluntary Disclosure Program (OVDP) effective September ...
  Posted By Castro & Co.
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