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Income Tax

December 23, 2019

How Large is the Federal Tax Gap, and Why Should Noncompliant Taxpayers Be Concerned?

If you follow tax news, business, or politics, you’ve probably heard about the tax gap and ways it could be addressed. For those who are unfamiliar […]
April 11, 2019

April 15 is the Deadline to File an FBAR (FinCEN Form 114) and IRS Form 8938 – Are You Prepared?

With April 15 now less than a week away, millions of Americans are scrambling to file their state and federal income tax returns before the 2019 […]
June 30, 2016

IRS Announces That Even More Names of Americans with Foreign Bank Accounts will be Turned Over

Hiding money in an overseas bank account has long been understood as a way that the wealthy could keep their money off of the proverbial “grid”. […]