If your tax returns have sufficient indications of fraud, the IRS will conduct a civil examination to uncover the truth, commonly known as an eggshell audit. As the name suggests, you must take great care to avoid facing criminal consequences. For instance, you may...
Do you have to pay U.S. taxes if you live overseas?
On Behalf of Demetrius J. Karos, Ltd. | Dec 22, 2022 | Tax Law
The shift to remote work has changed life dramatically for a lot of people. While there are still plenty of jobs that have to be done in person, many jobs that are done on computers can be handled anywhere. A company could be based in Illinois and hire workers from...
What’s best for a couple with the same estate planning goals?
On Behalf of Demetrius J. Karos, Ltd. | Dec 11, 2022 | Estate Planning
Sometimes when a couple who has been married for many years embarks on their estate planning, they initially plan to have a joint will. They share their assets and agree that whoever is the first to go will leave everything to the other. Then, when they’re both gone,...
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