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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What is new in a “nutshell” for FORM 1040 for TAX YEAR 2018

January 2019

For Tax Year 2018, Taxpayers will use the new and re-designed Form 1040    https://www.jdsupra.com/legalnews/what-is-new-in-a-nutshell-for-form-1040-50654/

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Four LATAM Countries will work as a TEAM to TACKLE TAX EVASION, Corruption and Other Financial Crimes

January 2019

The Global Forum and the Organization for Economic Cooperation and Development (OECD) oversee the internationally agreed standards of   https://www.jdsupra.com/legalnews/four-latam-countries-will-work-as-a-52526/

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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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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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IRS-Criminal Investigations: going on 100 years and still looking at Tax Crimes!

December 2018

On November 11, 2018, the IRS released its Criminal Investigation Annual Report as it begins its  https://www.jdsupra.com/legalnews/irs-criminal-investigations-going-on-91662/

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Offshore Accounts Today Equal Transparency

December 2018

The days of avoiding taxes through hiding money or assets in unreported offshore accounts are gone.   Nonetheless,   https://www.jdsupra.com/legalnews/offshore-accounts-today-equal-12751/

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IRS can start asking questions about Campaign Issues. Have your Audit Plan Ready!

December 2018

On January 31, 2017, the IRS Large Business and International Division (LBI) announced a compliance campaign strategy to    https://www.jdsupra.com/legalnews/irs-can-start-asking-questions-about-38869/

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