Tax Resolution Attorney John P. Willis Reviews Tax Rules That Won’t Change Under Trump
Tax resolution attorney John Willis, CEO and founder of IRSALLSTAR, acknowledges there are probably many tax changes that will come with the new Trump Presidency but for now there are a host of rules that won’t change.
Fairhope, AL, December 2, 2016: Tax Attorney John Willis, CEO and founder of IRSALLSTAR.com, recently posted a new article on his website entitled “Basic Tax Rules That are Unlikely to Change Under Trump.” The focus of Mr. Willis’s latest article is a list of rules that will most likely not change when Trump takes office.
Willis writes, “Now that we have a new President who’ll be taking office this January, we can expect some changes to the tax rules coming down the pike.” He adds, “However, there are several areas that are highly unlikely to change.” Willis states, “I’ll focus on several of those areas for now. We have to wait and see what kind of changes Trump is going to make and how those changes will affect the majority of taxpayers.”
One thing the IRS isn’t about to change says Willis is that the “IRS taxes all income from any source, whether in cash or in kind: You win the Lottery, you get taxed; you win at the slot machines or the casino, you get taxed.” He adds, “You get the picture.”
Additionally, Willis says the IRS is not likely to change their stance on foreign bank accounts. He writes, “Foreign accounts are being targeted more intensely than ever and that is not likely to change. While you don’t receive a 1099 form, you still must report the income generated in these accounts.” He further advises, “Don’t be cavalier about this. This IRS has collected $10 billion as a result of offshore compliance.”
The entire article can be read at: http://www.irsallstar.com/articles/basic-tax-rules-that-are-unlikely-to-change-under-trump.php
ABOUT JOHN WILLIS
Mr. Willis believes strongly in supporting and representing the “underdog” and has devoted his entire professional life to protecting and defending those who need it most. As an attorney, Mr. Willis takes his role as “counselor” seriously. His knowledge, creativity and persistence are valuable assets that provide substantial benefits to his clients. He has represented individuals and businesses across the Gulf Coast for over 15 years and he brings together an abundance of skills and experience that can be of assistance to almost anyone.
ABOUT THE IRSALLSTAR TEAM
The IRSALLSTAR team has developed a winning formula to ensure that each client’s individual needs are specifically met. Upon becoming a client of Mr. Willis’ law firm, that client’s immediate needs are assessed and long-term goals are defined. Experienced professionals on the IRSALLSTAR team then assist each client in developing and implementing a custom-tailored game plan to provide both short-term and long-term relief from his or her serious tax problems. All firm clients are continually coached toward successful tax resolution and final victory over their challenges with the IRS and state taxing authorities.
To learn more about Mr. Willis and his law firm please visit http://www.IRSALLSTAR.com or call toll-free 877-254-4254.