IRS Proposes Rules on Calculation of GILTI The IRS has released guidance on the taxation of “global intangible low-taxed income” (GILTI) reported by US shareholders of corporations outside...
Continue ReadingWe have implemented a phased approach for returning to our offices that allows us to modify our approach to service delivery as situations change without any service disruptions. In the meantime and in the interest of public health and the safety of our community, our teams will continue working remotely whenever possible to provide the same high-quality service you have come to expect. Utilizing state-of-the-art technology, we are committed to meeting all of your assurance, tax, and advisory needs to help you navigate a business environment filled with challenges and opportunities. To discuss a specific need that can’t be handled remotely, please contact your Freed Maxick representative directly.
IRS Proposes Rules on Calculation of GILTI The IRS has released guidance on the taxation of “global intangible low-taxed income” (GILTI) reported by US shareholders of corporations outside...
Continue ReadingA Good First Step On Your Journey To GILTI Compliance Or Avoidance In a blog post I wrote a few weeks ago, I talked about two...
Continue ReadingNew International Tax Provisions for 2018 and Beyond With the recently enacted tax reform two new terms have been introduced into the international tax arena: global intangible low-taxed...
Continue ReadingThe FBAR filing due date will be different next year. Hopefully you have already submitted your 2015 FBAR filing which is due by June 30th this year. If not, you still have a little time...
Continue ReadingMany people who receive income from passive foreign investment companies, or “PFICs,” have no idea that they hold an interest in an investment that may trigger additional filing...
Continue ReadingIf you or your business qualifies as a U.S. tax person, you might have to file tax returns and you might have to pay taxes. Or you might not. In a previous post, we focused on the 3 ways an...
Continue Reading