U.S. Tax Compliance Concerning Foreign Income, Accounts, and Entities

United States citizens and residents (“U.S. persons”) need to comply with two U.S. statutory schemes concerning foreign income, accounts, and ...
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Why You Should File Your Delinquent Income Tax Returns

COVID Tax Tip 2020-77, recently issued by the Internal Revenue Service, gives reasons why taxpayers should file a 2019 income ...
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Internal Revenue “Service” Is A Misnomer

For our country to remain great it needs a great revenue-raising arm.  It does not currently have one. Every day ...
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Taxpayer Wins FBAR Penalty Case

In 2012, Alexandru Bittner filed FinCEN Forms 114, Report of Foreign Bank and Financial Accounts, (“FBARs”) for the years 2007-2011.  ...
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