Intention: more closely align info partnerships report to partners with forms that partners use The IRS is in the process of redesigning the U.S. tax return for partnerships in order to...

An Example by the Numbers What an IC-DISC can do for your business IC-DISC shareholdings can be used in a number of ways to help achieve business goals and objectives. Permanent tax savings...

Report of Foreign Bank and Financial Accounts (FBAR) Deadline June 30thDid you know the deadline to file foreign bank and financial accounts (FBARs) is coming up soon? June 30th is right...

By: Howard Epstein, CPA, Director, International TaxOpening a new front in the U.S. crackdown on offshore tax evasion, federal investigators have won court approval for a summons on a...

By: Howard B. Epstein, CPA In April of 2010, the Department of the Treasury and the IRS asked for public comment regarding guidance projects and issues concerning interpretation and...

By: Howard B. Epstein, CPAThe Bank Records and Foreign Transactions Act- commonly referred to as the Bank Secrecy Act, became law in 1970 out of a growing complexity of the national and...