New Law Extends U.S. Government’s Reach to Foreign Financial Accounts

The United States taxes its citizens and residents (“U.S. persons”) on their worldwide income.  U.S. persons commonly used foreign financial ...
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Delinquent International Information Return Submission Procedures vs. Streamlined Procedures for Foreign Accounts Compliance

An individual can become compliant with United States laws concerning foreign income, accounts, and entities by means of the Internal ...
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Hunter Biden’s Tax Returns

Hunter Biden is alleged to have received millions of dollars in income from sources in Russia, the Ukraine, and China; ...
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Gifting Property in Anticipation of Reduction of the Federal Estate and Gift Tax Exclusion Amount Is Ill-Advised in Most Cases

We have a unified Federal estate and gift tax.  When applied to gifts which people make during their lifetime it ...
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