check fraud fraude de cheque

Check Fraud FinCEN Alert

April 2023

On February 27, 2023, FinCEN issued (in close collaboration with the United States Postal Inspection Service) an Alert on Nationwide Surge in Mail Theft-Related Check Fraud Schemes Targeting the U.S. Mail.  Despite the declining use of checks in the United

  • Foodman Website
FinCen BOI BOI de FinCEN

The BOSS and FinCEN

April 2023

On 9/29/22 FinCEN issued the very anticipated Final Rule establishing a beneficial ownership information reporting requirement, pursuant to the bipartisan Corporate Transparency Act (CTA). The Final Rule will require most corporations, limited liability companies, and other entities created in or

  • Foodman Website
docena suciadozen for dirty dozen docena sucia

Dirty Dozen 2023

April 2023

On April 5, 2023, the IRS wrapped up its Dirty Dozen 2023 list – earlier than the release of the Dirty Dozen 2022 list which was published on June 10, 2022.  According to the IRS, the Dirty Dozen represents the

  • Foodman Website
2022 tax

2022 Tax Return Reminders

April 2023

On 3/1/23, the IRS published a Tax Time Reminder to all Taxpayers to report all income; gig economy and service industry, digital or foreign assets and sources.  IRS is seeking to ensure that taxpayers understand their reporting and potential tax

  • Foodman Website
passport pasaporte

IRS Passport Program Continues

February 2023

The IRS had suspended certain collection activities including passport certification in response to the COVID-19 pandemic; however, since 2021, the IRS resumed its passport certification process to the U.S. Department of State. The IRS passport program is a “collection tool”

  • Foodman Website and JD Supra
Cryptocurrency,criptoactivos cripto and the IRS

What does the warning regulators gave banks regarding Crypto mean to you?

February 2023

In January 2023, regulatory agencies; including the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation and the Office of the Comptroller issued a Joint Statement on Crypto-Asset Risks to Banking Organizations. The warning asks the

  • Foodman Website
Crypto

Crypto Value Decline Not Equal to Crypto Tax Deduction

January 2023

Given that we are in full swing of tax season, many taxpayers are exploring the possibility of claiming a crypto tax deduction over their “devalued” crypto assets.  Taxpayers ought to refer to the IRS Chief Counsel Advice Memorandum Number: 202302011

  • Foodman Website and JD Supra
digital assets image activos digitales

Beware of Digital Asset Scams

January 2023

Digital asset scams can occur in different ways through several different avenues. Although the  ways and the avenues differ, the end result is always the same:  there is a scammer that is trying to appropriate the consumer’s funds via the

  • Foodman Website and JD Supra
digital assets image activos digitales

Digital Assets 2022 Form 1040 Question Checklist

January 2023

Form 1040 2022 changes the crypto terminology from “virtual currency” to “digital assets”.  The purpose of the change in terminology could be interpreted as a “head up” to taxpayers that the IRS is looking more closely as well as an

  • Foodman Website and JD Supra
2022 tax

Filing 2022 Taxes: Best to Get Ready Now

January 2023

Taxpayers ought to start getting ready to file 2022 taxes.  Going through statements, receipts, tax forms and other financial documents when it’s time to prepare to file 2022 taxes in 2023 can be a downer for those individuals who haven’t

  • Foodman Website and JD Supra
banking organization organizaciones bancarias

Regulators Warn Banking Organizations Dealing with Crypto

January 2023

On 1/3/23, Regulatory Agencies;  including the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation  and the Office of the Comptroller issued a Joint Statement on Crypto-Asset Risks to Banking Organizations.  The Regulatory Agencies want to

  • Foodman Website and JD Supra
fatca

Model 1 FFIs get FATCA Temporary Reporting Relief

January 2023

On 12/30/22, the IRS issued Notice 2023-11 with the purpose of providing FATCA reporting relief to Model 1 FFIs who have been unable to obtain US TINs for their pre-existing accounts that are US reportable accounts. In turn, the Model

  • Foodman Website and JD Supra

Search

Services

Related Articles