Disclosing Voluntarily to the IRS to potentially avoid Criminal Prosecution is still an Option for Taxpayers, but with some changes going forward……

February 2019

On September 28, 2018, the IRS closed the Offshore Voluntary Disclosure Program (2014 OVDP).  The 2014 OVDP (and prior 2011 and 2009 programs) had the purpose of https://www.jdsupra.com/legalnews/disclosing-voluntarily-to-the-irs-to-19065/

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Actualización de noticias sobre impuestos para los Contribuyentes Estadounidenses que viven en el Extranjero

February 2019

La capacidad del IRS para negar o revocar los Pasaportes de los Contribuyentes con “deuda tributaria gravemente morosa mayor de https://www.jdsupra.com/legalnews/actualizacion-de-noticias-sobre-28308/

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Tax News Update for U.S. Taxpayers living Abroad

February 2019

The IRS ability to deny or revoke the Passports of Taxpayers with “seriously delinquent tax debt greater than $50,000” is a distressing problem https://www.jdsupra.com/legalnews/tax-news-update-for-u-s-taxpayers-97716/ 

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Tenga Cuidado con la Campaña de Precisión de Presentación de FATCA del IRS

January 2019

El 30 de octubre del 2018, la división Internacional y de Grandes Empresas del IRS (“LBI”) anunció la aprobación de una campaña de  https://www.jdsupra.com/legalnews/tenga-cuidado-con-la-campana-de-18487/

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Beware of the IRS FATCA Filing Accuracy Campaign

January 2019

On October 30, 2018, the IRS Large Business and International division (LBI) announced the approval of a compliance campaign regarding  https://www.jdsupra.com/legalnews/beware-of-the-irs-fatca-filing-accuracy-37083/

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No Ponga en Peligro su Pasaporte: ¡El Departamento de Estado de los Estados Unidos se mantiene indemne!

January 2019

La habilidad del IRS de poder negar o revocar los Pasaportes de los Contribuyentes con “deuda tributaria gravemente morosa” es un   https://www.jdsupra.com/legalnews/no-ponga-en-peligro-su-pasaporte-el-74595/

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Is it time for Foreign Financial Institutions to hire IRS Representation?

January 2019

The Responsible Officer (RO) of a Participating Foreign Financial Institution (PFFI) or Reporting Model 2 FFI is required to      https://www.jdsupra.com/legalnews/is-it-time-for-foreign-financial-10469/

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Due Diligence is necessary for Taxpayers to have the Right TAX Representative

January 2019

As 2018 comes to an end, many Taxpayers are wondering about their tax reporting situation under the Tax Cut Jobs Act.  Taxpayers ought to be asking themselves if their Tax Representative understands:  https://www.jdsupra.com/legalnews/due-diligence-is-necessary-for-93021/

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Winning Business Through Bribery Could Get You Into Trouble!

December 2018

In 1977, the United States enacted the Foreign Corrupt Practices Act (FCPA). The FCPA prohibits an offer,  https://www.jdsupra.com/legalnews/winning-business-through-bribery-could-16031/

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Understanding how IRS identifies and selects Individual Tax Returns for Automated Underreporter Review

December 2018

The IRS Automated Underreporter Matching Process matches Tax Returns against Information Returns.   IRS states that   https://www.jdsupra.com/legalnews/understanding-how-irs-identifies-and-11599/

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Should Business Owners rely on Whistleblowers or Forensic Accountants?

December 2018

According to a recent Foreign Corrupt Practices Act (FCPA) Blog entry (11/28/18),  https://www.jdsupra.com/legalnews/should-business-owners-rely-on-32072/

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