FATCA
Willful FBAR penalty Case Study.
Wilfull FBAR Penalty. The following is intended as an update to my January 26, 2019…
Streamline Disclosures- The Art of the Non-Willful Certification.
Offshore disclosure to IRS. The key to making an offshore disclosure to the IRS using…
Offshore Tax Compliance Prosecutions by the IRS
Offshore Tax Compliance Update – Recent IRS Tax Prosecutions The following convictions represent recent successful…
Michigan Man Pleads Guilty To Tax Obstruction
“ANOTHER KNUCKLEHEAD BITES THE DUST” The definition of a Knucklehead is“someone considered to be of…
FATCA, Transparency Efforts Curb Offshore Tax Evasion
FATCA, Transparency Efforts Curb Offshore Tax Evasion
Everyone’s Getting FATCA Compliant The worldwide landscape of transparency is changing as the United States…
Global Tax Transparency Rises as FATCA, OECD Initiatives Gain Momentum
As the growth of global tax transparency rises, individual taxpayers and financial institutions must exercise…
IRS Clarifies Rules on FATCA Announcement
IRS modifications to OVDP and streamlined procedures a Relief to offshore bank account holders
IRS modifications to OVDP and streamlined procedures The Offshore Voluntary Compliance Program Internal Revenue Service’s…
Tax Evasion Causes Cash Abroad to Rise
Tax Evasion and Profits US-based companies added $206 billion to their offshore profits last year,…
OECD Releases First Pillar of Model Framework
The Organization for Economic Cooperation and Development (“OECD”) The Organization for Economic Cooperation and Development…