The June 18th IRS announcements have added some new words and dates to the debate, but for the practitioner, the analysis of the issues with regard to offshore compliance is still the same. Even as some of the decision points have shifted in representing clients...
Taking A Cooperative Approach To Your Legal Issues
Month: June 2014
The New Streamlined Foreign Offshore Procedures Contain a Trap for Unwary Americans Abroad
Americans abroad should be pleased that IRS Commissioner John Koskinen kept his word when he advised us on June 3, 2014, to “stay tuned” in anticipation of new OVDP guidelines. The new guidelines make a distinction between those taxpayers who have been acting...
New Commissioner Raises Hopes for Tax Justice for Americans Abroad
The Commissioner of Internal Revenue, John Koskinen , put the international tax bar in suspense when he announced in a major speech on June 3, 2014, that very shortly, the IRS is considering publishing something which is supposed make it possible for millions of...