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Offshore Voluntary Disclosure Program Ending This Week

Offshore Voluntary Disclosure Program Ending This Week

Sep 26, 2018 | Firm Updates, International Tax

As we previously reported, the Internal Revenue Service (IRS) will close the Offshore Voluntary Disclosure Program (OVDP) on September 28, 2018. The OVDP was launched in 2009 to encourage compliance with foreign asset reporting, allowing U.S. taxpayers a way to avoid...
Five Things to Know About Digital Currency

Five Things to Know About Digital Currency

Sep 26, 2018 | Firm Updates, Individual Tax, Tax Tips

It seems like you can’t go a single day without hearing something about bitcoin, litecoin, Ethereum, Bitcoin Cash, and, at last count, at least 1,500 other known digital currencies (or “cryptocurrencies”). In light of Bitcoin’s recent meteoric rise to $16,000 per coin...
Tax planning for investments gets more complicated

Tax planning for investments gets more complicated

Sep 25, 2018 | Firm Updates, Individual Tax, Retirement Planning

For investors, fall is a good time to review year-to-date gains and losses. Not only can it help you assess your financial health, but it also can help you determine whether to buy or sell investments before year end to save taxes. This year, you also need to keep in...

Infographic: Itemizing Medical Expenses

Sep 24, 2018 | Firm Updates, Individual Tax, Tax Tips

...
Section 382 and Limited Net Operating Losses

Section 382 and Limited Net Operating Losses

Sep 24, 2018 | Firm Updates, High Technology

Many high-tech start-up businesses incur significant expenditures before they begin generating sales and become profitable. The time required to develop a successful product is often counted in years. As a result, a company may accumulate large net operating losses...
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