On June 25, 2014, the Internal Revenue Service released long-awaited instructions to Form W-8BEN-E, used by foreign entities to document their status under the Foreign Account Tax Compliance Act of the Internal Revenue Code.
On June 25, 2014, the Internal Revenue Service released long-awaited instructions to Form W-8BEN-E, used by foreign entities to document their status under the Foreign Account Tax Compliance Act of the Internal Revenue Code....More
The Internal Revenue Service released new procedures regarding their offshore voluntary disclosure program that take effect on July 1, 2014. This is an important development for taxpayers who’ve fallen into non-compliance not out of willfulness, but instead through lack of care or attention or through simple ignorance....More
The ripple effects of Bernie Madoff’s Ponzi scheme continue to be felt. In a recent case, the Tax Court refused to grant summary judgment for the Internal Revenue Service and rule that a decedent’s account invested with Madoff was subject to federal estate tax....More
The advisory practice of the future is alive and well today, but most firms have not future-proofed their practices to stay ahead of the curve. Are you prepared to adapt to the shifting landscape?...More
Predictable cash flow for companies, sustainable dividends for investors. Those are just two of the potential benefits of the "razor and blades" business model that innovative companies around the world have been adopting....More
If given the chance to do it over, advisors say they would put more effort into planning their transitions. What works best for you depends on your needs and goals. Don’t rush it. Explore your options....More