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	<title>Travis H. Long, CPA Blog</title>
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		<title>Travis H. Long, CPA Blog</title>
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		<title>When Can I Throw Out My Tax Returns?</title>
		<link>http://blog.tlongcpa.com/2013/05/03/when-can-i-throw-out-my-tax-returns/</link>
		<comments>http://blog.tlongcpa.com/2013/05/03/when-can-i-throw-out-my-tax-returns/#comments</comments>
		<pubDate>Fri, 03 May 2013 22:50:23 +0000</pubDate>
		<dc:creator>Travis H. Long, CPA</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[1099-B]]></category>
		<category><![CDATA[basis]]></category>
		<category><![CDATA[document retention]]></category>
		<category><![CDATA[FTB]]></category>
		<category><![CDATA[how long should I keep my tax returns]]></category>
		<category><![CDATA[installment sale]]></category>
		<category><![CDATA[IRA]]></category>
		<category><![CDATA[IRS]]></category>
		<category><![CDATA[rental property]]></category>
		<category><![CDATA[save tax returns]]></category>
		<category><![CDATA[statute of limitations]]></category>
		<category><![CDATA[throw away tax returns]]></category>

		<guid isPermaLink="false">http://blog.tlongcpa.com/?p=397</guid>
		<description><![CDATA[Originally published in the Cedar Street Times May 3, 2013 It is time to do some spring cleaning!  Do not miss your opportunity as summer is coming quickly, at which point you will be required to keep everything for another year.  Perhaps you will find that old pair of muddy tennis shoes in the garage &#8211; [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=blog.tlongcpa.com&#038;blog=26273628&#038;post=397&#038;subd=tlongblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<title>Taxes?  I&#8217;m in Key West!</title>
		<link>http://blog.tlongcpa.com/2013/04/29/taxes-im-in-key-west/</link>
		<comments>http://blog.tlongcpa.com/2013/04/29/taxes-im-in-key-west/#comments</comments>
		<pubDate>Mon, 29 Apr 2013 17:01:14 +0000</pubDate>
		<dc:creator>Travis H. Long, CPA</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Gardens Hotel]]></category>
		<category><![CDATA[Key West]]></category>
		<category><![CDATA[Peggy Mills]]></category>
		<category><![CDATA[taxes]]></category>

		<guid isPermaLink="false">http://blog.tlongcpa.com/?p=390</guid>
		<description><![CDATA[Originally published in the Cedar Street Times April 19, 2013 When this paper hits the newsstands, I will hopefully be far from thinking about itemized deductions, dependent exemptions, and the IRS!  This tax season tended to be compressed for many tax professionals due to the last minute changes by Congress which delayed the IRS releasing many [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=blog.tlongcpa.com&#038;blog=26273628&#038;post=390&#038;subd=tlongblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<item>
		<title>Sale of a Residence After Death &#8211; Part II</title>
		<link>http://blog.tlongcpa.com/2013/04/17/sale-of-a-residence-after-death-part-ii/</link>
		<comments>http://blog.tlongcpa.com/2013/04/17/sale-of-a-residence-after-death-part-ii/#comments</comments>
		<pubDate>Wed, 17 Apr 2013 23:51:25 +0000</pubDate>
		<dc:creator>Travis H. Long, CPA</dc:creator>
				<category><![CDATA[Residence Sale]]></category>
		<category><![CDATA[appraisal]]></category>
		<category><![CDATA[basis]]></category>
		<category><![CDATA[community property]]></category>
		<category><![CDATA[death]]></category>
		<category><![CDATA[decedent]]></category>
		<category><![CDATA[fair market value]]></category>
		<category><![CDATA[fractional ownership]]></category>
		<category><![CDATA[irrevocable trust]]></category>
		<category><![CDATA[joint tenancy]]></category>
		<category><![CDATA[personal residence]]></category>
		<category><![CDATA[revocable trust]]></category>
		<category><![CDATA[rights of survivorship]]></category>
		<category><![CDATA[sale]]></category>
		<category><![CDATA[section 121]]></category>
		<category><![CDATA[sole ownership]]></category>
		<category><![CDATA[step-down]]></category>
		<category><![CDATA[step-up]]></category>
		<category><![CDATA[surviving spouse]]></category>
		<category><![CDATA[survivor]]></category>
		<category><![CDATA[tenancy in common]]></category>
		<category><![CDATA[tenants in common]]></category>

		<guid isPermaLink="false">http://blog.tlongcpa.com/?p=382</guid>
		<description><![CDATA[Originally published in the Cedar Street Times April 5, 2013 Two weeks ago we discussed the sale of a personal residence after someone passes away when held as joint tenants or community property.  We also discussed the concept of a cost basis step up (or down) to the current fair market value at death as it [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=blog.tlongcpa.com&#038;blog=26273628&#038;post=382&#038;subd=tlongblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://blog.tlongcpa.com/2013/04/17/sale-of-a-residence-after-death-part-ii/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
	
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		<title>Sale of a Residence After Death &#8211; Part I</title>
		<link>http://blog.tlongcpa.com/2013/03/22/sale-of-a-residence-after-death-part-i/</link>
		<comments>http://blog.tlongcpa.com/2013/03/22/sale-of-a-residence-after-death-part-i/#comments</comments>
		<pubDate>Fri, 22 Mar 2013 17:20:48 +0000</pubDate>
		<dc:creator>Travis H. Long, CPA</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Residence Sale]]></category>
		<category><![CDATA[appraisal]]></category>
		<category><![CDATA[basis]]></category>
		<category><![CDATA[community property]]></category>
		<category><![CDATA[death]]></category>
		<category><![CDATA[decedent]]></category>
		<category><![CDATA[fair market value]]></category>
		<category><![CDATA[joint tenancy]]></category>
		<category><![CDATA[personal residence]]></category>
		<category><![CDATA[rights of survivorship]]></category>
		<category><![CDATA[sale]]></category>
		<category><![CDATA[section 121]]></category>
		<category><![CDATA[step-down]]></category>
		<category><![CDATA[step-up]]></category>
		<category><![CDATA[survivor]]></category>
		<category><![CDATA[tenancy in common]]></category>

		<guid isPermaLink="false">http://blog.tlongcpa.com/?p=373</guid>
		<description><![CDATA[Originally published in the Cedar Street Times March 22, 2013 When a living individual sells a personal residence that results in a gain, many people are familiar with the rules which may allow an exclusion of the taxable gain of up to $250,000 ($500,000 if married filing joint) if the taxpayer lived in the property two [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=blog.tlongcpa.com&#038;blog=26273628&#038;post=373&#038;subd=tlongblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://blog.tlongcpa.com/2013/03/22/sale-of-a-residence-after-death-part-i/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
	
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		<title>Unmarried with Children &#8211; Head of Household</title>
		<link>http://blog.tlongcpa.com/2013/03/19/unmarried-with-children-head-of-household/</link>
		<comments>http://blog.tlongcpa.com/2013/03/19/unmarried-with-children-head-of-household/#comments</comments>
		<pubDate>Wed, 20 Mar 2013 06:42:24 +0000</pubDate>
		<dc:creator>Travis H. Long, CPA</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[biological child]]></category>
		<category><![CDATA[Chief Counsel Memorandum]]></category>
		<category><![CDATA[child tax credit]]></category>
		<category><![CDATA[children]]></category>
		<category><![CDATA[dependent]]></category>
		<category><![CDATA[dependent benefits]]></category>
		<category><![CDATA[dependent care expenses]]></category>
		<category><![CDATA[dependent exemption]]></category>
		<category><![CDATA[earned income credit]]></category>
		<category><![CDATA[exemption]]></category>
		<category><![CDATA[head of household]]></category>
		<category><![CDATA[household]]></category>
		<category><![CDATA[income limit]]></category>
		<category><![CDATA[living together]]></category>
		<category><![CDATA[principal residence]]></category>
		<category><![CDATA[qualifying child]]></category>
		<category><![CDATA[qualifying relative]]></category>
		<category><![CDATA[SCA 1998-041]]></category>
		<category><![CDATA[tie-breaker rules]]></category>
		<category><![CDATA[unmarried]]></category>
		<category><![CDATA[unmarried with children]]></category>

		<guid isPermaLink="false">http://blog.tlongcpa.com/?p=354</guid>
		<description><![CDATA[Originally published in the Cedar Street Times March 8, 2013 Article on Unmarried People Living Together with Children I cannot write the title of this article without thinking about the 80s and 90s sitcom, Married with Children, about a dysfunctional American family starring Ed O&#8217;Neill, Katey Sagal, David Faustino, and Christina Applegate.  With all the problems the Bundy [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=blog.tlongcpa.com&#038;blog=26273628&#038;post=354&#038;subd=tlongblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://blog.tlongcpa.com/2013/03/19/unmarried-with-children-head-of-household/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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		<title>Military Taxation in CA Part II &#8211; Nonresidents</title>
		<link>http://blog.tlongcpa.com/2013/02/22/military-taxation-in-ca-part-ii-nonresidents/</link>
		<comments>http://blog.tlongcpa.com/2013/02/22/military-taxation-in-ca-part-ii-nonresidents/#comments</comments>
		<pubDate>Fri, 22 Feb 2013 18:44:19 +0000</pubDate>
		<dc:creator>Travis H. Long, CPA</dc:creator>
				<category><![CDATA[California]]></category>
		<category><![CDATA[Military]]></category>
		<category><![CDATA[domicile]]></category>
		<category><![CDATA[military]]></category>
		<category><![CDATA[Military Spouses Residency Relief Act"]]></category>
		<category><![CDATA[MSRRA]]></category>
		<category><![CDATA[nonmilitary]]></category>
		<category><![CDATA[nonresident]]></category>
		<category><![CDATA[PCS]]></category>
		<category><![CDATA[Permanent Change of Station]]></category>
		<category><![CDATA[residency]]></category>
		<category><![CDATA[Servicemember Civil Relief Act]]></category>

		<guid isPermaLink="false">http://blog.tlongcpa.com/?p=358</guid>
		<description><![CDATA[Military Taxation in CA Part II &#8211; Nonresidents Originally published in the Cedar Street Times February 22, 2013 Two weeks ago I laid the groundwork for important definitions related to taxing military servicemembers.  I also discussed how servicemembers are taxed just like California residents if their domicile is California, and they are stationed in California.  If [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=blog.tlongcpa.com&#038;blog=26273628&#038;post=358&#038;subd=tlongblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://blog.tlongcpa.com/2013/02/22/military-taxation-in-ca-part-ii-nonresidents/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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		<title>Military Taxation in CA Part I &#8211; Domicile, Residency, and CA Residents</title>
		<link>http://blog.tlongcpa.com/2013/02/15/military-taxation-in-ca-part-i-domicile-residency-and-ca-residents/</link>
		<comments>http://blog.tlongcpa.com/2013/02/15/military-taxation-in-ca-part-i-domicile-residency-and-ca-residents/#comments</comments>
		<pubDate>Fri, 15 Feb 2013 17:29:42 +0000</pubDate>
		<dc:creator>Travis H. Long, CPA</dc:creator>
				<category><![CDATA[California]]></category>
		<category><![CDATA[Military]]></category>
		<category><![CDATA[domicile]]></category>
		<category><![CDATA[home of record]]></category>
		<category><![CDATA[military]]></category>
		<category><![CDATA[nonresident]]></category>
		<category><![CDATA[PCS]]></category>
		<category><![CDATA[Permanent Change of Station]]></category>
		<category><![CDATA[residence]]></category>
		<category><![CDATA[residency]]></category>
		<category><![CDATA[resident]]></category>
		<category><![CDATA[service members]]></category>
		<category><![CDATA[servicemember]]></category>
		<category><![CDATA[servicemembers]]></category>
		<category><![CDATA[SLR]]></category>
		<category><![CDATA[state of legal residence]]></category>
		<category><![CDATA[taxation]]></category>
		<category><![CDATA[temporary or transitory]]></category>

		<guid isPermaLink="false">http://blog.tlongcpa.com/?p=344</guid>
		<description><![CDATA[Originally published in the Cedar Street Times February 8, 2013 Here in this little part of California that some call heaven, we have a number of military related institutions drawing servicemembers from around the world. The next few articles will focus on military taxation in California. The first thing we need to do is define a [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=blog.tlongcpa.com&#038;blog=26273628&#038;post=344&#038;subd=tlongblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://blog.tlongcpa.com/2013/02/15/military-taxation-in-ca-part-i-domicile-residency-and-ca-residents/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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		<title>Independent Contractor Vs. Employee: 1099s Due Jan. 31</title>
		<link>http://blog.tlongcpa.com/2013/01/28/independent-contractor-vs-employee-1099s-due-jan-31/</link>
		<comments>http://blog.tlongcpa.com/2013/01/28/independent-contractor-vs-employee-1099s-due-jan-31/#comments</comments>
		<pubDate>Mon, 28 Jan 2013 19:19:56 +0000</pubDate>
		<dc:creator>Travis H. Long, CPA</dc:creator>
				<category><![CDATA[Employers]]></category>
		<category><![CDATA[1099s]]></category>
		<category><![CDATA[20 points]]></category>
		<category><![CDATA[California Labor Commission]]></category>
		<category><![CDATA[control]]></category>
		<category><![CDATA[disability]]></category>
		<category><![CDATA[employee]]></category>
		<category><![CDATA[Form 8919]]></category>
		<category><![CDATA[Form SS-8]]></category>
		<category><![CDATA[FTB]]></category>
		<category><![CDATA[independent contractor]]></category>
		<category><![CDATA[IRS]]></category>
		<category><![CDATA[labor laws]]></category>
		<category><![CDATA[payroll taxes]]></category>
		<category><![CDATA[Penalties]]></category>
		<category><![CDATA[Revenue Ruling 87-41]]></category>
		<category><![CDATA[W-2]]></category>
		<category><![CDATA[workers' compensation]]></category>

		<guid isPermaLink="false">http://blog.tlongcpa.com/?p=139</guid>
		<description><![CDATA[Originally published in the Cedar Street Times January 25, 2013 By the end of this month, business owners will have sent 1099s to their independent contractors and W-2s to their employees.  Many business owners think it is their choice, or perhaps a choice they can make together with the person performing the services on how [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=blog.tlongcpa.com&#038;blog=26273628&#038;post=139&#038;subd=tlongblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://blog.tlongcpa.com/2013/01/28/independent-contractor-vs-employee-1099s-due-jan-31/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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		<title>American Taxpayer Relief Act of 2012</title>
		<link>http://blog.tlongcpa.com/2013/01/23/american-taxpayer-relief-act-of-2012/</link>
		<comments>http://blog.tlongcpa.com/2013/01/23/american-taxpayer-relief-act-of-2012/#comments</comments>
		<pubDate>Thu, 24 Jan 2013 04:30:21 +0000</pubDate>
		<dc:creator>Travis H. Long, CPA</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[$5 million]]></category>
		<category><![CDATA[American Opportunity Tax Credit]]></category>
		<category><![CDATA[American Taxpayer Relief Act of 2012]]></category>
		<category><![CDATA[bypass trust]]></category>
		<category><![CDATA[cancellation of debt]]></category>
		<category><![CDATA[Capital Gains]]></category>
		<category><![CDATA[child tax credit]]></category>
		<category><![CDATA[code section 179]]></category>
		<category><![CDATA[depreciation]]></category>
		<category><![CDATA[estate tax exemption]]></category>
		<category><![CDATA[itemized deduction phaseout]]></category>
		<category><![CDATA[medical expenses]]></category>
		<category><![CDATA[miscellaneous itemized deductions]]></category>
		<category><![CDATA[net investment income]]></category>
		<category><![CDATA[personal residence]]></category>
		<category><![CDATA[Social Security]]></category>

		<guid isPermaLink="false">http://blog.tlongcpa.com/?p=330</guid>
		<description><![CDATA[Originally published in the Cedar Street Times January 11, 2013 The American Taxpayer Relief Act of 2012 was signed into law January 2, 2013.  There was lots in the bill, but I am going to hit on a few that are notable and others that having meaning to a lot of people.  I think making the [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=blog.tlongcpa.com&#038;blog=26273628&#038;post=330&#038;subd=tlongblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<title>Do You Have Assets or Investments in Foreign Countries?</title>
		<link>http://blog.tlongcpa.com/2012/12/28/do-you-have-assets-or-investments-in-foreign-countries/</link>
		<comments>http://blog.tlongcpa.com/2012/12/28/do-you-have-assets-or-investments-in-foreign-countries/#comments</comments>
		<pubDate>Fri, 28 Dec 2012 20:09:09 +0000</pubDate>
		<dc:creator>Travis H. Long, CPA</dc:creator>
				<category><![CDATA[Foreign Reporting]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[8938]]></category>
		<category><![CDATA[bank account]]></category>
		<category><![CDATA[due date]]></category>
		<category><![CDATA[FBAR]]></category>
		<category><![CDATA[foreign]]></category>
		<category><![CDATA[foreign assets]]></category>
		<category><![CDATA[foreign country]]></category>
		<category><![CDATA[foreign investments]]></category>
		<category><![CDATA[Form 8938]]></category>
		<category><![CDATA[Form TD F 90-22.1]]></category>
		<category><![CDATA[investment account]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[June 30]]></category>
		<category><![CDATA[non-willful neglect]]></category>
		<category><![CDATA[Penalties]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[Report of Foreign Bank and Financial Accounts]]></category>
		<category><![CDATA[Statement of Specified Foreign Financial Assets]]></category>
		<category><![CDATA[TD F 90-22.1]]></category>

		<guid isPermaLink="false">http://blog.tlongcpa.com/?p=321</guid>
		<description><![CDATA[Originally published in the Cedar Street Times December 28, 2012 Various reasons including the fight against terrorism and failure to pay tax on foreign income are driving our lawmakers to require more stringent reporting of foreign investment activities.  This is important because there have been significant changes in the past two years with the addition of [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=blog.tlongcpa.com&#038;blog=26273628&#038;post=321&#038;subd=tlongblog&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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