June 27, 2018
What Types of Foreign Investments Must I Report to the IRS on My FBAR?

What Types of Foreign Investments Must I Report to the IRS on My FBAR?

As regular readers may already know, our international tax attorneys frequently write about foreign income disclosure requirements. While these requirements can be myriad – Form 5471, […]
April 26, 2018
Tax Changes for U.S. Expats Under the Tax Cuts and Jobs Act (TCJA) of 2017

Tax Changes for U.S. Expats Under the Tax Cuts and Jobs Act (TCJA) of 2017

The Tax Cuts and Jobs Act (TCJA) was signed into law by President Trump in December 2017. The TCJA ushers in a slew of dramatic changes […]
April 11, 2018
Updates on the Criminal Tax Cases Against Ex-Trump Associates Paul Manafort and Rick Gates

Updates on the Criminal Tax Cases Against Ex-Trump Associates Paul Manafort and Rick Gates

If you read or watch the news, you have likely been following the high-profile criminal cases against Paul Manafort and Rick Gates, respectively former campaign manager […]
March 29, 2018
What to Expect if You Enter the Offshore Voluntary Disclosure Program (OVDP)

What to Expect if You Enter the Offshore Voluntary Disclosure Program (OVDP)

If you visited our tax law blog earlier this week, you may have spotted a major announcement: in September 2018, the Internal Revenue Service (IRS) will […]
March 23, 2018
Sending Money to a U.S. Bank from Abroad? Beware a Wire Audit Transfer – and Potential FATCA Penalties

Sending Money to a U.S. Bank from Abroad? Beware a Wire Audit Transfer – and Potential FATCA Penalties

Making a wire transfer is a fast and convenient method of electronically moving funds from one bank account to another, generally ensuring the recipient’s access within […]
February 24, 2018
Massachusetts Man Fined Over $1M, Sentenced to Prison After Concealing Foreign Bank Account from IRS

Massachusetts Man Fined Over $1M, Sentenced to Prison After Concealing Foreign Bank Account from IRS

On October 5, 2017, 50-year-old Michael Fitzgerald of Longmeadow, Massachusetts pleaded guilty in Springfield federal court to one count of willfully concealing a foreign bank account […]