Under the Bank Secrecy Act (BSA), the Financial Crimes Enforcement Network (FinCEN) issued a “Fifth Pillar” of the Final Customer Due Diligence (CDD) Rule on May 2016.  The covered financial

Do you know about FATCA international payments? was published by the South Florida Legal Guide.

Speaking at the FICPA’s Atlantic Chapter meeting – Boca Raton features Stanley Foodman speaking at the FICPA chapter meeting.

Stanley I. Foodman – THE CPA YOU WANT ON YOUR SIDE was published by the South Florida Legal Guide on 7/10/17.

Taxpayers need to rely on the expert professional advice of a tax specialist for the treatment of Passive Foreign Investment Companies (PFICs) during Offshore Voluntary Disclosure Program (OVDP) reporting.  PFIC

Bookkeepers are by practical definition business multi-taskers.  They keep financial records, post debits and credits, prepare reports, execute banking transactions,  act as collectors for overdue accounts, work with clients and

Since 2011, IRS has undergone $900 million in budget cuts and has reduced its number of auditors by approximately 25%.  Nonetheless, IRS has its eye on the “collections” ball.  The

The Report of Foreign Bank and Financial Accounts (FBAR) is not a tax form.  Its filing is not required by the Internal Revenue Code. It is required by Title 31

Misappropriation is the use of property or funds of another person for an unauthorized purpose and is classified as a felony.  In misappropriation, the perpetrator steals or misuses an organization’s

Peruvian Tax Amnesty Wealth Planning Strategies – a presentation by Hernandez & Cia., Foodman CPAs & Advisors and Wheeler Consulting, LLC.

International Noncompliance was published by the South Florida Legal Guide.

The US has Tax treaties and Tax Information Exchange Agreements (TIEAs) with certain countries that provide, upon request, for the exchange of U.S. income information regarding their citizens or residents.