Oct 28, 2020 | Firm Updates, International Tax
On April 25, 2017, we posted the first part of a blog series entitled “Tax Withholding When Business Activities Involve International Entities and Individuals”. In this blog, we would like to expand on the issue of withholding taxes on payments made to foreign payees....
Sep 24, 2020 | Firm Updates, International Tax
Criminals often deal in cash, and sometimes, large amounts of it. To help combat money laundering, tax evasion, drug dealing, terrorist financing, and other criminal activities, the federal government has made it mandatory that a trade or business that receives more...
Aug 31, 2020 | Firm Updates, International Tax
The IRS recently announced the issuance of final regulations addressing the treatment of income earned by certain foreign corporations that is subject to a high rate of foreign tax. As we have discussed in a previous blog, the Tax Cuts and Jobs Act of 2017 added a new...
Jun 8, 2020 | Firm Updates, International Tax
The Internal Revenue Service today reminded people who live and work abroad that they have until Wednesday, July 15, 2020, to file their 2019 federal income tax return and pay any tax due. The usual deadline is June 15. This extension was included in a wide range of...
Jun 26, 2019 | Firm Updates, Uncategorized
Sciarabba Walker & Co., LLP is excited to announce Kimberly Miller and Dylan Wright have received their Certified Public Accountant Licenses in the State of New York! Kimberly Miller, CPA graduated from Houghton College in 2013 with a BS in Business Administration...