Articles

U.S. 10% Shareholder Taxpayers have a new Mandatory “Transition Tax” – JD Supra. The “Tax Cuts and Jobs Act” (the “Act”) has a provision requiring U.S. Shareholder Taxpayers that own

Forensic Accounting and Fraud Check-Ups – South Florida Legal Guide.

Did FATCA Reporting help Catch Manafort and Gates?  

Conflict of Interest: When professional judgement is compromised…. JD Supra. Conflicts of interest can arise at any time during a professional engagement.  According to the American Institute of Certified Public

The IRS’s ability to deny or revoke the Passports of Taxpayers with significant tax debts is one of the Most Serious Problems encountered by Taxpayers – JD Supra. The U.S

BSA, FinCEN, Treasury and IRS Want to Know: Who is the Ultimate Beneficial Owner (UBO)? – JD Supra. There seems to be a convergence by the Financial Crimes Enforcement Networks (FinCEN), the

Will the question for the Year 2017 be: Do you have Foreign Financial Accounts? – Foodman CPAs & Advisors Since the Global Financial Crisis that began in 2007, domestic and

Financial Planning Should Not be “UGH” – South Florida Legal Guide.

Why are US Citizens Renouncing their Citizenship? – JD Supra. A significant number of US Taxpayers living overseas have become “unbankable” where they live because of  high account servicing costs 

Bitcoins and the IRS: Reporting and Storing – JD Supra. Possession of virtual currency, also known as cryptocurrency, is legal in the U.S. as well as many other parts of

Will Bankers = Law Enforcers on 5/11/18? – JD Supra. On May 2016, FinCEN issued a “Fifth Pillar” of Customer Due Diligence (CDD) calling it the “CDD Rule”, which currently

Many are now looking for IRS Guidance on Virtual Currency – JD Supra. Due to its unprecedented level of value appreciation, Bitcoin investors, consumers and businesses are looking for IRS