¡Los Estados Unidos y Costa Rica tienen un Nuevo Acuerdo de Intercambio de Información Fiscal! LinkedIn

November 2018

El 20 de abril del 2018, los Gobiernos de Costa Rica y los Estados Unidos firmaron una nueva versión de su   https://www.jdsupra.com/legalnews/los-estados-unidos-y-costa-rica-tienen-72398/

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The US and Costa Rica have a New Tax Information Sharing Agreement!

November 2018

On April 20, 2018, the Governments of Costa Rica and the U.S.A. signed a new version of their   https://www.jdsupra.com/legalnews/the-us-and-costa-rica-have-a-new-tax-77866/

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IRS gives Internal Revenue Manual Voluntary Disclosure Consideration if…….

October 2018

When IRS reviews a criminal tax case, consideration is given to various factors such as whether a voluntary disclosure was made, whether prosecution exists, the health, age and mental condition of the Taxpayer and whether a solicitation of tax returns

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Certificaciones FATCA Son Debidas El 15 De Diciembre Y Es Mejor Certificar

October 2018

Una certificación FATCA consiste en respuestas a una o más serie de preguntas que los Oficiales Responsables (RO) de ciertas entidades deben responder y enviar al IRS para confirmar el cumplimiento de las entidades con los requisitos de FATCA.  https://www.jdsupra.com/legalnews/certificaciones-fatca-son-debidas-el-15-59474/

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FATCA certifications due December 15 and it is best to certify

October 2018

A FATCA certification consists of answers to one or more series of questions that the Responsible Officers (RO) of certain entities must answer and submit to the IRS to confirm the entities’ compliance with the requirements of FATCA.  https://www.jdsupra.com/legalnews/fatca-certifications-due-december-15-47004/

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Let’s Understand Filing FBARs

September 2018

The jurors in the Paul Manafort case had questions regarding the complex Foreign Bank Account Reports (FBARs) regulations.  This was evidenced by the jury’s questions to the judge addressing the responsibility to file an FBAR if a person owns less

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IRS ENDS OVDP right when some Taxpayers GET IT!

September 2018

On March 13, 2018, IRS announced the termination of the Offshore Voluntary Disclosure Program (OVDP) as of September 28, 2018 (Notice IR-2018-52).  OVDP has been available to Taxpayers that willfully failed to report foreign financial assets and pay all tax

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¡FATCA Se Está Enforzando A Pesar De Hipos Y Reporte De TIGTA!

August 2018

El 5 de Julio del 2018, el Inspector General del Tesoro para la Administración Tributaria (TIGTA) emitió un informe:   https://www.treasury.gov/tigta/auditreports/2018reports/201830040fr.pdf  titulado: “A pesar de gastar casi $380 Millones, el IRS aún no está preparado para hacer cumplir la Ley de Cumplimiento

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FATCA Is Being Enforced Despite Hicups And TIGTA Report!

August 2018

On July 5, 2018, the Treasury Inspector General for Tax Administration (TIGTA) issued a report https://www.treasury.gov/tigta/auditreports/2018reports/201830040fr.pdf titled: “Despite Spending Nearly $380 Million, the Internal Revenue Service Is Still Not Prepared to Enforce Compliance With the Foreign Account Tax Compliance Act”.   The report

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El Sistema De Registro FATCA Está Funcionando. ¿Estás Listo?

August 2018

El 31 de Julio del 2018, el IRS publicó una Notificación (2018-9) para informar que la Certificación de Cuentas Preexistentes (COPA) y el Proceso de Certificación Periódica (relacionada con el cumplimiento de una Entidad con varios requisitos FATCA) ahora están

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FATCA Registration System Is Up And Running. Are You Ready?

August 2018

On 7/31/18, IRS released notification (2018-9) to inform that the Certification of Pre-Existing Accounts (COPA) and Periodic Certification Process (relates to an Entity’s compliance with various FATCA requirements) are now available in the FATCA Registration System. The Updates to the

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US Passports: Taxpayers Should Act Before IRS Notifies The State Department

August 2018

US Taxpayers that come forward to the IRS to arrange payment of their seriously delinquent tax debt before the IRS notifies the US Department of state stand to achieve a better outcome regarding the potential revocation or denial of US

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