You May Be Running Out of Time If You Own Offshore Accounts September 28, 2018 Effective Date The U.S. Government, concerned about offshore tax evasion, implemented the Foreign Account Tax … [Read more...] about You May Be Running Out of Time If You Own Offshore Accounts
Search Results for: RUNNING
FEAR OF RUNNING OUT OF MONEY IN RETIRMENT?
Our November 18, 2014 blog discussed why living a long life creates retirement problems. Thus, it is important to plan for your retirement as early in life as possible (and there is no better time … [Read more...] about FEAR OF RUNNING OUT OF MONEY IN RETIRMENT?
What is a Government Shutdown — and Why It Matters
When Congress fails to pass appropriations or a continuing resolution to fund federal agencies beyond September 30, non-essential (“discretionary”) operations must pause. Essential services—such … [Read more...] about What is a Government Shutdown — and Why It Matters
Individual Was Personally Liable for Unpaid TFRP
Treasurer of corporation failed to remit payroll withholding taxes and sole shareholder found personally liable for the taxes not paid. The Facts of the Case The taxpayer was the president and … [Read more...] about Individual Was Personally Liable for Unpaid TFRP
John Doe Subpoena to Identify Foreign Holdings
As the Use of Cryptocurrency Gains Popularity, IRS Enhances Its Enforcement Procedures FBAR Reporting Requirement Every year, under the law known as the Bank Secrecy Act, U.S. persons … [Read more...] about John Doe Subpoena to Identify Foreign Holdings
Estate Tax Planning Strategy – Minority Interest Valuation
The Treasury Department has issued new proposed regulations that, if adopted as proposed, will effectively eliminate a common estate planning tool used to transfer wealth among family members. That … [Read more...] about Estate Tax Planning Strategy – Minority Interest Valuation
