Foreign Tax Preparation

Ultra-Millionaire Tax Act of 2021 & The Expatriation Rules

The concept of a Wealth Tax has resurfaced as a possibility in the U.S. again in recent days. It is too early to predict the likelihood of it becoming law,…

Foreign Tax Preparation

Panama Papers Bring First Indictments in the U.S.

On December 4, 2018, United States Federal prosecutors indicted four men in connection to the “Panama Papers” data breach first revealed in 2016. The four men were charged with tax…

Foreign Tax Preparation

IRS Announces its New Offshore Voluntary Disclosure Program.

In a memo written by Deputy Commissioner for Services and Enforcement of the IRS, Kirsten B. Wielobob, the IRS has announced a new voluntary disclosure program to begin sometime in…