201902.11
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Misuse of Kovel Jeopardizes Voluntary Disclosure Confidentiality

Misuse of Kovel Jeopardizes Voluntary Disclosure Confidentiality As we approach the thick of tax season, our blog entries get less frequent — but we thought this was a very important topic for our clients around the world who are being misled by other attorneys and firms to take the time to read. IRS offshore compliance enforcement…

201902.11
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False Tax Return, Unreported Foreign Income & No FBAR – Jail & Fines

False Tax Return, Unreported Foreign Income & No FBAR – Jail & Fines In late 2018, Israel Birman pled guilty to filing a false tax return. One of the main components of the crime was the failure to report foreign accounts on the FBAR. Specifically, “According to court documents, between 2006 and 2014, Israel Birman…

201902.05
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GILTI (2019) – International Income Tax Law Summary & Examples

GILTI (2019) – International Income Tax Law Summary & Examples GILTI is a perfect example of what is wrong with U.S. tax law. GILTI refers to Global Intangible Low-Taxed Income. But, GILTI is not limited to Intangible or Low-Taxed Income. And, as with FATCA, while the goal is to reduce offshore tax evasion and increase…

201902.01
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Trust Your IRS Offshore Disclosure to a Certified Tax Law Specialist

Trust Your IRS Offshore Disclosure to a Certified Tax Law Specialist Offshore Disclosure is like driving through a narrow, winding, unpaved mountain road, with no side rails, in pitch-black night, and during a snowstorm (read: it’s hard) We also understand that selecting an IRS Voluntary Disclosure lawyer can be daunting, overwhelming, and downright confusing. Unlike other…