publication 519 tax
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Publication 519: What You Need to Know

What You Need to Know About IRS Publication 519 Publication 519 is provided by the Internal Revenue Service (IRS) to assist in tax preparation for both resident and non-resident aliens. Among other things Publication 519 helps you to determine…
international tax lawyer double taxation

Doubling Down: How an International Tax Lawyer Can Save You From Double Taxation

How Tax Lawyers Can Help Prevent Double Taxation Confusions The notion of an international tax attorney conjures up images of Grand Cayman and John Grisham’s “The Firm,” but the need for a tax lawyer who specializes is international tax…
FBAR Lawyer Avoid Criminal Charges, a tax laywer can help with with rare exceptions, the reasonable cause defense will not preclude the assessment of the the Trust Fund Recover Penalty (TFRP) cases
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Finding an FBAR Lawyer to Help Avoid Criminal Charges

How to Find a Good Tax Attorney You’ve discovered you have to file the Foreign Bank Account Report but are having trouble finding an FBAR attorney. As you search across the web, it may seem as though there are attorneys for any number of…
form 8938 statement of spec
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Form 8938: The Statement of Specified Foreign Financial Assets

In an effort to curb tax dodging by United States citizens with foreign assets, Congress passed The Hiring Incentives to Restore Employment Act. The act imposes a new reporting requirement for foreign financial assets, in addition to the requirement…
5th amendment privilege
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No 5th Amendment Privilege in Submission of Foreign Bank Accounts Records

The US District Court for the District of New Jersey has applied the required records doctrine to documents required to be maintained under the US Bank Secrecy Act (BSA), and thus rejected taxpayers' argument that they can refuse to produce…
Tax Resolution Firms help with unfiled tax forms from past years
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Tax Resolution Firms – Scams and Scoundrels

There are many reasons why clients with Tax issues with the IRS should avoid the use of Tax Resolution firms. The "Tax Resolution Company", a relatively recent development, has become a serious problem for consumers in our country and is…
the Foreign Account Tax Compliance Act, FATCA
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FATCA, Transparency Efforts Curb Offshore Tax Evasion

Everyone's Getting FATCA Compliant The worldwide landscape of transparency is changing as the United States works with other nations to increase information sharing around the world. Work to implement Foreign Account Tax Compliance Act (FATCA)…
tax evasion offshore accounts
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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 new levels of caution. With more than 100 intergovernmental agreements (IGA) under the Foreign Account Tax Compliance Act (FATCA)…