Compliance Matters Archives - Page 49 of 50

Not Filed Your Tax Return?

Not Filed Your Tax Return? was published by Foodman CPAs & Advisory. There are various reasons why a Taxpayer might not timely file a Tax Return. If you don’t file on time and you owe money to IRS, you will

What You Need to Know About IRS Outstanding Inactive Tax Receivables

October 2016

Legislation enacted in 12/15 (FAST ACT – Fixing America’s Surface Transportation Act)) required IRS to utilize private debt collection agencies to collect inactive federal tax receivables debts. Starting SPRING 2017, IRS will use private debt collectors to pursue overdue federal

JD Supra

Global Radar’s CEO Commentary on De-Risking 101 Webinar

October

Global Radar’s CEO Commentary on De-Risking 101 Webinar featuring Stanley Foodman https://www.globalradar.com/radar-exclusive-industry-insider-simplifies-de-risking/ De-Risking is defined as a situation where financial institutions terminate or restrict business relationships with certain categories of customer. The concept of “De-Risking” as it pertains to the

Global Radar

De-Risking 101: The Fundamentals of De-Risking by Stanley Foodman, CPA, CFE, CFF, CAMS, CGMA, TEP – CEO of Foodman CPAs & Advisors

September, 2016

De-Risking 101: The Fundamentals of De-Risking by Stanley Foodman, CPA, CFE, CFF, CAMS, CGMA, TEP – CEO of Foodman CPAs & Advisors on You Tube.

Global Radar

If you are an EXPAT or Thinking about Expatriating, Think about this……

9/16/16

If you re an EXPAT or Thinking about Expatriating, Think about this…… was published by the Daily Business Review on 9/16/16.

Daily Business Review

Thomson Reuters Regulatory Intelligence: New Hong Kong onboarding guidelines may not lessen compliance burden

August 2016

Thomson Reuters Regulatory Intelligence: New Hong Kong onboarding guidelines may not lessen compliance burden article written by Ajay Shamdasani. newkyconboardguidewontlessencomp

Thomson Reuters Accelus

Received a Bill from the IRS?

If you receive a Bill from the IRS and you ignore it, the amount you owe will continue to grow. IRS may take action to collect the amount due like attaching your bank account or garnishing your wages. The IRS

Filed your Tax Return but Didn’t PAY?

You are a Taxpayer that filed Tax Returns, but did not pay your tax owed. Now you have received a bill for unpaid taxes. Perhaps you didn’t make federal tax deposits, or sufficient estimated tax payments, nor had enough taxes

Are you Eligible for an IRS Offer in Compromise?

August 2016

Are you Eligible for an IRS Offer in Compromise? was published by JD Supra on 8/15/16. IRS has a program called Offer in Compromise (OIC) which allows eligible Taxpayers to settle a tax debt with IRS for less than the

JD Supra

Should Professional Service Providers Assume Greater AML Vigilance Responsibilities?

August 2016

Should Professional Service Providers Assume Greater AML Vigilance Responsibilities? was published by JD Supra on 8/8/16. Because they are known as “gatekeepers” in the financial industry, Professional Service Providers (PSPs), Bankers, Brokers, Realtors, Casino Managers, Trust Fund Managers, Money Managers,

JD Supra

On-boarding and Off-boarding Bank Clients

July 2016

On-boarding and Off-boarding Bank Clients was published by JD Supra on 8/1/16. After the Panama Papers, and with the recent FinCEN final Customer Due Diligence (CDD) rule, U.S. financial institutions are further focused on tightening internal controls against money laundering,

JD Supra

Are Compliance Officers at Financial Institutions Now in the Hot Seat for Fines?

July 2016

Are Compliance Officers at Financial Institutions Now in the Hot Seat for Fines? was published by JD Supra on 8/1/16. Otherwise reputable Financial Institutions continue being sanctioned for regulatory non-compliance. Well known“household” names continue receiving fines for failing to establish