This article is meant to provide some transparency to the FATCA reporting (Foreign Account Tax Compliance Act) process through clarifying how the forms interrelate to the processes on the front end and IRS enforcement on the back end.
If a taxpayer ever receives an email designated from the IRS, they should immediately contact the IRS generally or the Treasury Inspector General to determine the validity.
With tax season coming up for American expats and other U.S. tax persons, we’d like to highlight a few things regarding preparing your returns.
A Tax Preparation Firm in the United States retained representation for tax resolution services with our organization after an investigation by the IRS culminated in a $90,000.00 penalty for failure to meet earned income tax credit due diligence requirements.
Most U.S. citizens or green card holders who have offshore banking accounts are by now aware of the potential financial and even criminal exposure they may face with non-disclosure.
As the federal tax filing deadline fast approaches and with the IRS in pursuit of these undisclosed offshore accounts, make sure you are in compliance.
The author makes some really great points about tax filings. Anyone that has ever worked in the tax industry will echo these sentiments.
In today’s world, there are a lot of resources and opinions on international tax matters available at the tip of our fingers. This article offers our recommendation for the seven best online resources for expatriate tax advice.
In October 2014, Five Stone Tax Advisers uncovered thousands of overtaxed Travis County commercial properties that might have been eligible for an additional 7% reduction in property taxes.
Choosing how to structure a new business for tax purposes is undoubtedly one of the most frustrating aspects of being a small business owner. This article uses a number of graphical depictions to make the choice a bit easier to digest at the most basic level.
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