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Join Us for Our FATCA Focus Group at FIBA AMLC Conference in March

January 2016

Join Us for Our FATCA Focus Group at FIBA AMLC Conference in March Are you attending the FIBA Anti Monday Laundering Compliance Conference in March? If so, and you are a responsible officer for FATCA/CRS in your institution, please join us

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Why Attorneys and Forensic Accountants Need Each Other

November 2015

Many attorneys think that the forensic accountants are simply fraud investigators, yet that isn’t entirely a true statement. Forensic accounting is really much more than dealing with the numbers. We live in a new world that deals with the issues

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FACTA Alerts: IRS Upgrades, Enhances FATCA Online Registration System

November 2015

The Internal Revenue Service has upgraded the FATCA Online Registration System, enabling sponsoring entities to register their sponsored entities to obtain a global intermediary identification number. The upgraded system also will allow users to update their information, download registration tables

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Expertise Article: The IRS (“John Doe” summons)

November 2015

A “John Doe” summons is an IRS investigative tool available to IRS through federal court approval.  IRS uses it as an investigative tool when casting a wide net to locate the names of U.S. taxpayers who would otherwise be unknowable

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I.R.S. continues to diligently track down the Tax Cheaters worldwide that left the Swiss Banks

October 2015

The money is leaving the Swiss Banks, but where is it going? The I.R.S. and the Department of Justice think Singapore and Israel. They know because the Swiss Banks have told I.R.S. agents where the money went. The Swiss Banks

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Why Choose a Boutique CPA Firm?

October 2015

There are plenty of well-respected large, multinational and global CPA firms that provide outstanding services to their clients. Many people feel a higher sense of protection and more comfortable when they are under the care of a large household name.

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Game on. Hiding money offshore is a sure strike-out!

August 2015

The I.R.S. kicked off its Game against the offshore tax hiding money offshore evaders successfully, meeting its September 30th deadline. The star of the Game is the new kid that has been “in the works” over the last five years,

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OECD establishes roadmap for membership with Costa Rica

July 2015

The OECD set out a clear path for Costa Rica’s accession to the Organization, reinforcing the OECD’s commitment to further extend its global membership.  On 8 July 2015, the 34 OECD Members adopted the Roadmap for the Accession of Costa Rica

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Trust Accounting Pitfalls – Florida Bar

June, 2015

Lawyers are a busy group of people. They may not always have time available to familiarize themselves with all of The Florida Bar rules governing the practice of law in Florida. The Florida Bar rules 5-1.1 and 5-1.2 govern the maintenance

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Training and Consulting on the IRS Regulation for Qualified Intermediaries (Qualified Intermediary Program)

Ref.: Qualified Intermediaries – Consultant and Training Services – Foodman P.A. It is a pleasure to present to you this information regarding the Qualified Intermediary Program offered by Foodman PA. Foodman P.A. – CPAs and Advisors is a highly recognized

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New FATCA Notice Extends Certain Deadlines Notice

Summary of the New FATCA Notice The new FATCA Notice announces that the Department of the Treasury and the IRS intend to amend the FATCA regulation to extend the period of time that certain transitional rules will apply. These extensions

Big Data in Forensic Accounting

January, 2015

Recently, Big Data emerged as the “next new thing” in forensic accounting analytics. Big Data is a popular term for describing the exponential growth and availability of data created by information technology and the Internet. It is an all-encompassing term

  • South Florida Legal Guide