FATCA Is Being Enforced Despite Hiccups And TIGTA Report!
FATCA Is Being Enforced Despite Hiccups And TIGTA Report! was published by JD Supra on 8/28/18. 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
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The “J5” is on to Cryptocurrencies
The “J5” is on to Cryptocurrencies was published by JD supra on 8/28/18. The Organisation for Economic Co-operation and Development (OECD) issued a “call to action” for countries to do more to tackle enablers of tax crimes. The result of
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Did you know that GTO’s have a $300,000 Threshold?
Did you know that GTO’s have a $300,000 Threshold? was published by JD Supra on 8/22/18. A GTO is a Geographic Targeting Order issued by the Financial Crimes Enforcement Network (FinCEN) under the Bank secrecy Act (BSA) for a specific
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Gatekeepers are under a lot of Stress!
Gatekeepers are under a lot of Stress! was published by JD Supra on 8/22/18. The FATF is an independent inter-governmental entity that develops policies for protection of our global financial system from money laundering (AML), terrorist financing and financing of
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What is a Virtual Currency Taxable event?
What is a Virtual Currency Taxable event? was published by JD Supra on 8/22/18. There continues to be limited Virtual Currency (VC) guidance from the US Treasury and the IRS and VC investors ought to proceed cautiously. IRS continues to
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El Sistema De Registro FATCA Está Funcionando. ¿Estás Listo?
El Sistema De Registro FATCA Está Funcionando. ¿Estás Listo? was published by JD Supra on 8/14/18. 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
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FATCA Registration System Is Up And Running. Are You Ready?
FATCA Registration System Is Up And Running. Are You Ready? was published by JD Supra on 8/14/18. 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
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Pasaportes Estadounidenses: Los Contribuyentes Deben Actuar Antes De Que El IRS Notifique Al Departamento De Estado
Pasaportes Estadounidenses: Los Contribuyentes Deben Actuar Antes De Que El IRS Notifique Al Departamento De Estado was published by JD Supra on 8/7/18. Los contribuyentes Estadounidenses que se presentan ante el IRS para acordar el pago de su deuda tributaria
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US Passports: Taxpayers Should Act Before IRS Notifies The State Department
US Passports: Taxpayers Should Act Before IRS Notifies The State Department was published by JD Supra on 8/7/18. US Taxpayers that come forward to the IRS to arrange payment of their seriously delinquent tax debt before the IRS notifies the
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Don’t Run Afoul of U.S. Sanctions
Don’t Run Afoul of U.S. Sanctions was published by the South Florida Legal Guide.
- South Florida Legal Guide Supplement Miami Herald
¡Los inversionistas de Moneda Virtual tienen muchas Responsabilidades!
¡Los inversionistas de Moneda Virtual tienen muchas Responsabilidades! was published by JD Supra on 8/7/18. Para propósitos de los Impuestos Federales de la Renta de los EE.UU, la Moneda Virtual (MV) se trata como “propiedad” (property). Como resultado, un inversionista
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AICPA steps up to IRS to recommend that IRS provide Virtual Currency Clarity
AICPA steps up to IRS to recommend that IRS provide Virtual Currency Clarity was published by JD Supra on 7/31/18. On 5/30/18, the American Institute of CPAs (AICPA) sent a letter (https://www.aicpa.org/content/dam/aicpa/advocacy/tax/downloadabledocuments/20180530-aicpa-comment-letter-on-notice-2014-21-virtual-currency.pdf) to the IRS presenting the AICPA’s updated recommendation to
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