Recent Case Underscores Importance of Delinquent International Information Return Submission Procedures

On February 12, 2018, the IRS assessed $160,000 in penalties against Vivian Ruesch under Internal Revenue Code Section 6038(b) for ...
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Forms 3520 and 3520-A: What You Need to Know

If you own an interest in a foreign trust, you may be required to file Form 3520, Annual Return To ...
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The Time May Be Right for an Offer in Compromise

In ordinary times, an offer in compromise is rarely in a taxpayer’s best interests.  Most offers in compromise are ultimately ...
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U.S. Income Taxation of U.K. SIPPs and ISAs

Note:  This is the third of three articles on United States income taxation of British Self-Invested Pension Plans (“SIPPs”) and ...
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