Dec 4, 2017 | Firm Updates, International Tax
U.S. citizens and permanent residents who reside outside the United States can find themselves facing reporting and tax filing requirements that often seem daunting. Fortunately, the IRS has provided ways to make life just a little bit easier for these individuals....
Nov 20, 2017 | Firm Updates, International Tax
Foreign persons utilize U.S. disregarded entities for a variety of reasons: for limited liability protection, as a holding vehicle for business conducted entirely outside the United States, to shield certain activities and owners from disclosure, or simply to make it...
Nov 17, 2017 | Firm Updates, International Tax
The U.S. House of Representatives has just passed the Tax Cuts and Jobs Act bill, H.R. 1, by a margin of 22 votes. The Senate Finance Committee is still working on its own version of the Tax Cuts and Jobs Act. There has been a lot of talk on national media about...
Nov 13, 2017 | Firm Updates, International Tax
For individuals with U.S. tax filing obligations who are not eligible for a Social Security Number, the IRS issues a similar number called an Individual Taxpayer Identification Number (ITIN). ITINs are distinguished from Social Security Numbers in that they begin with...
Nov 6, 2017 | Firm Updates, International Tax
This article originally appeared in the Central New York Business Journal on September 29, 2017. Taxes are neither sexy nor exciting, except perhaps to us CPAs who seem to thrive on the nuances of the tax code. But taxes are a critical factor in your business,...
Oct 30, 2017 | Firm Updates, Individual Tax, International Tax
Boo! That’s pretty scary, but you’re probably much expecting some scares this time of year. IRS notice! Now that’s even scarier. An IRS notice can sneak up on you and be a big, scary surprise. Before you run off screaming, though, let’s look at some of the different...
