The Foreign Account Tax Compliance Act (FATCA) has been making headlines, for both positive and negative reasons. Under FATCA, the IRS has been making tax agreements with many countries, including Australia, Finland, Germany, Costa Rica, Cayman Islands, Ireland, Mexico, Italy, France, Denmark, Jamaica, New Zealand, Norway, Spain, Canada, and the U.K.FACTA was enacted in 2010…
Continue reading →Segal, Cohen & Landis, who recently improved its position within Consumer Tax Reviews’ top 10 list, has been presented with the Most Ethical Company Award for 2013 due to the company’s consistent hard work to provide honest tax advice and attainable resolutions for taxpayers.Segal, Cohen & Landis has consistently stayed within the top 5 rated…
Continue reading →Tax Defense Network has held the top spot on Consumer Tax Review’s list consistently since 2011, due to their A rating or higher with the Better Business Bureau, abstinence from offering the highly restrictive IRS program Offer in Compromise, employing all essential tax professionals, establishment of a client-centric department, and the full tax professional profiles…
Continue reading →The year 2014 brings with it changes in the tax code: many tax credits have now expired, there will be new tax breaks to take advantage of, and there will also be new IRS reporting requirements.In 2014, there will be many big changes in the reporting requirements for Americans living overseas and foreign financial institutions…
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