Top Six Criminal Tax Questions Asked

We get many questions from clients (and their advisors) about criminal tax. So I have compiled the six questions that come up the most frequently. Frequently Asked Questions: Addressing IRS Criminal Investigations Q: What course of action is recommended if

IRS Issues New Proposed Regs on Information Reporting on Foreign Gifts

The reporting of foreign gifts and inheritances is a very complex part of international tax law.  Many of our clients have been hit with large penalties for late filing Forms 3520 to report foreign gifts. Although many of these laws

Form 5471 Penalties Upheld in Latest Court Ruling

The D.C. Circuit handed the IRS a big win last week, holding that the IRS could assess international information return penalties for the failure to file Forms 5471, “Information Return of U.S. Persons With Respect to Certain Foreign Corporations.” The