Blog Archives: IRS

01/09/2013 - 5:55 AM
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Great News for Some ExPats and Dual-Nationals As an ExPat American, you know that you are required to file a U.S. tax return each year and report your foreign bank accounts if you have more than $10,000 offshore. Unless you have been living under a rock in Bangladesh, you also know that the IRS has
01/09/2013 - 5:48 AM
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One of the most misunderstood areas of living, investing or operating a business abroad are the U.S. tax filing and reporting requirements. The purpose of this summary is to review the basic requirements and I recommend that you consult an international tax expert as to how they fit your particular situation. One of the foundations

Taxpayer’s Bill of Rights In tough economic times, many business owners and self-employed people find it difficult or impossible to pay their Federal taxes. When the debt is too large to pay, you then get the joy of negotiating with the Internal Revenue service. NOTE: Of course, everyone has a hard time paying their taxes.
12/04/2012 - 4:09 PM
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Offshore business tax reporting
11/03/2012 - 10:09 AM
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IRS Snitch Gets Rich – UBS Whistleblower Receives $104 Million. How much are 40 months of your life, and your dignity, worth? $104 million (or about $4,600 for each hour spent in prison) seems a good answer. As you may have heard, The Internal Revenue Service awarded tax whistleblower and former UBS banker Bradley Birkenfeld
Attack on the Dollar
11/03/2012 - 10:05 AM
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U.S. Goes After Cash Transactions The New York Times recently reported that Federal and state authorities are investigating a handful of major American banks for failing to monitor cash transactions in and out of their branches. The government claims that this may have enabled drug dealers and terrorists to launder tainted money, according to officials