News
Archive by Year:2018
Everyone wants to pay less in taxes. Individuals and companies go to great lengths to devise and employ schemes to lower their tax liabilities. While the vast majority of taxpayers work within the confines of what is allowed by the IRS tax code, there is a line that all taxpayers must take care not to cross: the one between the legitimate practice of tax avoidance and the unlawful practice of tax evasion.Read More
Foreign Corrupt Practices Act: Why You Need to Create Internal Controls and Procedures
Offshore Account UpdatePosted on November 30, 2018
The IRS rules can sometimes be complicated and burdensome for taxpayers to follow, so consulting with a Boston tax lawyer for advice can be important to make certain that you're following the rules. You can also read on to find some key facts you need to know about how to retire overseas without being hit with a big tax bill.Read More
Complicated Tax Laws Have Many Citizens Giving Up Their US Citizenship
Offshore Account UpdatePosted on September 28, 2018
If you are an American living abroad, you may have noticed in recent years that you have become subject to many complex reporting requirements and burdensome tax rules. You may have also discovered that it has become more difficult to get banks or financial institutions in the country where you live to continue to do business with you.
Read MoreReport Shows IRS Spent Millions Fighting Offshore Tax Evasion, But Little Action Has Been Taken
Offshore Account UpdatePosted on August 31, 2018