November 9, 2015
tax planning for foreign corporations

Potential Tax Liabilities of a Foreign Trust or Estate

Are foreign trusts and estates subject to U.S. Estate and Gift taxes? The short answer: sometimes. The U.S. taxation on the transfers of property by a […]
July 1, 2014

2014 changes to Tax Laws for Offshore Accounts and Assets

The IRS has implemented new changes (as of June 2014) to the tax laws relating to offshore foreign accounts and assets. These changes are helpful to […]
June 30, 2014

Potential charges for not participating in the 2014 OVDP

Note: If you use the Streamlined Filing Compliance Procedures under the incorrect assumption that you were non-willful you have exposure for all of the following: As […]
March 25, 2014

How the Law Offices of David W. Klasing Can Help

The Tax Law Offices of David W. Klasing can help you get back into compliance and avoid the impending wrath of the IRS and state taxing […]
March 25, 2014

FBAR Reporting and Expired Voluntary Disclosure Program

TAX LAW OFFICES OF DAVID W. KLASING AS YOUR FBAR AND VOLUNTARY DISCLOSURE FIRM So… You missed the FBAR Voluntary Disclosure Program deadline of October 15th […]