201507.31
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Foreign Gift Tax Lawyers – Form 3520 Gifts, Trusts & Taxable Income

Foreign Gift Tax Lawyers: One of the most misunderstood tax issues involves the receipt of a foreign gift and/or receipt of foreign money, and whether the receipt of that money is a taxable event under IRS tax law. A second key issue is whether a person is required to report the receipt of a Foreign Gift…

201507.31
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California Tax Audit Defense Attorneys | Business Audit Defense

At some point or another, most California businesses are going to be hit with an audit. Depending on the type of business – the employer may find that it is being audited by several different tax authorities simultaneously. There is really no way to tell whether a business is going to be audited or not, but there are…

201507.30
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Expat Tax Lawyers – Undisclosed Foreign Bank Accounts | OVDP & FATCA

Expat Tax Lawyers for Undisclosed Foreign Bank Accounts: When it comes to international tax, one of the most common issues at the forefront of international tax policy is FATCA. FATCA is the (Foreign Account Tax Compliance Act) and it is causing a major headache for US citizens, legal permanent residents, and foreign nationals subject to…

201507.21
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Penalty for OVDP Increases to 50% – Golding & Golding Tax

When a person has willfully evaded disclosing their foreign account information they can choose to enter the Offshore Voluntary Disclosure Program (OVDP) in order to avoid even more severe penalties criminal prosecution. Sometimes The IRS has the Authority to Increase the Penalty to 50% Generally, when a person enters the offshore voluntary disclosure program they…