Archive | January, 2017

IRS Offshore Voluntary Disclosure Program – as amended 7/1/14

January 25, 2017  |   Posted by :   |   OVDP   |   0 Comments

Under the IRS Offshore Voluntary Disclosure Program (“OVDP”) 7/1/14 amendment the taxpayer who enters the program increases their cost since the payment is now due up front for all taxes, penalty and interest. The OVDP is now quite expensive and may wipe out the entire taxpayer offshore account. The IRS Offshore Voluntary Disclosure Program Frequently […]

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IRS Tax Audit Risks – 2016

January 19, 2017  |   Posted by :   |   IRS Tax Audits   |   0 Comments

On 12/19/16 Fox Business News published “9 Tax Audit Red Flags for the IRS” by Sean Williams. As a background, the Tax Foundation found that the US Tax Code is now 10.1m words. The instructions to complete a basic Form 1040 are more than 100 pages long. Although historically the IRS only audits about 1% […]

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International Tax Awards 2017

January 09, 2017  |   Posted by :   |   International Tax Planning   |   0 Comments

I am pleased to announce that I have just received my 18th & 19th international tax award. The 19 awards are from 8 different global expert societies. #18) International Tax Lawyer of the Year (2017) from Global Business Magazine/Prof. Sector Network (over 200,000 advisors worldwide). #19) On 1/9/17 I received notice that my firm was […]

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Tax Planning Beyond the Grave

January 03, 2017  |   Posted by :   |   International Tax Planning   |   0 Comments

Offshore Investment Magazine is widely regarded within the international financial marketplace as the leading journal for wealth management professionals. I am pleased to announce that they have recently published my article, Tax Planning Beyond the Grave – The Michael Jackson Case, as their lead cover story in the Nov/Dec 2016 issue.

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