Our Thoughts On Archive

IRS Rolls Out New Compliance Campaign

The Internal Revenue Service’s Large Business and International (LB&I) division is taking a new approach to tax compliance, with a series of

DISC Commissions not subject to IRS Recharacterization

On February16th, the Sixth Circuit Court of Appeals reversed the Tax Court Summa Holding, Inc. (Summa) decision which disallowed the payment of commissions

FinCEN Reminds Taxpayers of New FBAR Deadline

The Financial Crimes Enforcement Network (FinCEN) has reminded taxpayers that the due date for filing Reports of Foreign Bank and Financial Accounts (FBAR)

Taxation and Information Reporting for Foreign Trusts

The U.S. taxation and information reporting imposed on foreign trusts can be quite complex. A trust is the foreign trust if it is not the U.S. trust. A

Welcome Due Date Changes for Businesses and Individuals This Tax Season

Now that we are past the extended deadlines for calendar year entities, we can look forward to the changes in store for tax year 2016. The Surface Transportation

IRS Highlights Offshore Compliance Programs Achievements and Encourages Taxpayers to Enter the Programs

The IRS’s recent news release shows that the agency has passed several big milestones in moving forward with increasing compliance. Back in 2009,