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What's New

June 19, 2020

~~Steve Mopsick's new article published in TaxNotes: COVID-19 and the Tax Court: Time for Virtual Trials?~~

April 23, 2020

~~Paycheck Protection Program Loan: Tax Implications~~

April 23, 2020

~~Living in the World of COVID-19: You May Want to Check in with the IRS to Make Sure They Know Where to Find You!~~

April 14, 2020

~~COVID-19--THE PEOPLE FIRST INITIATIVE-- AND DELINQUENT TAXPAYERS: A CHANCE TO JOIN THE IRS FRESH START PROGRAM?~~

April 12, 2020

~~State of IRS Operations Amid COVID-19 Pandemic~~

April 07, 2020

~~Installment Agreements in the Time of COVID-19~~

April 03, 2020

~~Mopsick Carrere, LLP has created resources page with information and links related to COVID-19~~

April 01, 2020

~~NEW COVID-19 PROTOCOLS: IRS AGENTS ARE NOW PERMITTED TO USE EMAIL~~

March 30, 2020

~~IRS Order to Employees: Evacuate Your Post of Duty~~

July 01, 2019

~~A New Chapter: Firm Name Change~~

Mopsick Tax Law, LLP is pleased to announce our next chapter as a law firm. Effective July 1, 2019, the firm will be named Mopsick Carrere, LLP.

Steven Mopsick and Ryan Carrere have over 60 years of combined experience in tax controversy and other tax-related matters. Steven has 30 years of IRS experience in Washington, D.C., and as the IRS District Counsel in Sacramento, and 17 years in private federal tax law practice. Ryan's 14 years of practice has focused primarily on federal and California tax matters, but he has also worked in other areas including business formation/dissolution, and business transactions.

The firm's name change recognizes Ryan's significant contributions to the firm.

Thanks to our many clients, colleagues, friends, and family for their continuous support. We look forward to the future as Mopsick Carrere, LLP.

March 14, 2018

~~IRS OVDP Ending: Last Chance for Some Taxpayers with Unreported Foreign Financial Assets~~

July 11, 2017

~~Steven Mopsick and Ryan Carrere’s new article published in Accounting Today: The Value of Partnering with a Tax Attorney~~

July 07, 2017

~~National Taxpayer Advocate Reviews Filing Season and Identifies Priority Areas and Challenges in Mid Year Report to Congress~~

May 24, 2017

~~Steve Mopsick to speak at CalCPA’s 15th Annual Real Estate Conference on tax consequences of giving up US citizenship.~~

March 14, 2017

~~Steve Mopsick to speak to the Taxation Section of the Sacramento County Bar Association on March 27, 2017 on The Founding Fathers, FBARs, and Tax Administration in the 21st Century.~~

February 16, 2017

~~Owe An IRS Tax Debt? You May Soon Be Contacted By A Private Collection Agency!~~

February 03, 2017

~~Examination Collectibility Consideration: Another Example of IRS Inefficiency~~

January 26, 2017

~~2016 Taxpayer Advocate Service Annual Report to Congress~~

January 25, 2017

~~Not Required to File a Tax Return? Maybe You Should File Anyway!~~

January 20, 2017

~~NRP Audits – The Honest Taxpayer’s Worst Nightmare.~~

January 11, 2017

~~U.S v. Bohanec–Another Court Case on the Willful FBAR Penalty.~~

January 13, 2016

~~Steven Mopsick to speak at San Francisco Tax Club’s event January 14, 2016 in San Francisco.~~

October 02, 2015

~~FATCA reciprocal exchanges have started. Our sources in DC say FATCA repeal is dead.~~

August 17, 2015

~~Steven Mopsick Quoted in Silicon Valley Business Journal’s Article “Exclusive: No More Free Meals for Tech Workers? IRS Advances Project that Could Tax On-site Food Perks.”~~

August 14, 2015

~~Steven Mopsick and Ryan Carrere Recognized in Northern California Magazines~~

January 19, 2015

~~New York Times Weighs in on Congress’ Punishment Program for the IRS~~

January 15, 2015

~~Just Published: Taxpayer Advocate’s 2014 Annual Report: The TPA is Not Happy!~~

January 15, 2015

~~Commissioner to IRS Employees: Get Ready For Hard Times Ahead~~

January 06, 2015

~~“Watchdogs Call For Better Transparency of Nonprofits’ IRS Filings” By Natasha Lindstrom~~

January 06, 2015

~~“A White Paper on Executive Action to Restore Trust in the Internal Revenue Service by Rebuilding Field Operations” By Frank Wolpe~~

January 06, 2015

~~“Restoring Trust In IRS Is A National Imperative” By Peter J. Reilly~~

January 06, 2015

~~Congressional Research Service: An Overview of the Federal Tax System~~

October 16, 2014

~~IRS Clarifies Rules for Streamlined Procedures for U.S. Taxpayers Residing Outside the United States~~

Clarification of rules and FAQs for U.S. taxpayers residing outside the United States.

July 07, 2014

~~Mopsick Tax Law Is Pleased To Announce Kathleen Donelan-Maher’s Promotion To Partner~~

June 19, 2014

~~2014 Offshore Voluntary Disclosure Program (OVDP)~~

June 19, 2014

~~IRS Makes Changes to Offshore Programs~~

June 19, 2014

~~Offshore Income and Filing Information for Taxpayers with Offshore Accounts~~

May 14, 2014

~~IRS publishes New FAQ’s for Foreign Financial Institutions~~

January 27, 2014

~~Update on the Surrender of the Swiss Banking Industry to Uncle Sam~~

November 07, 2013

~~FATCA IGA UPDATE~~

On November 6, 2013, the Treasury Department published this very handy list of updates on the current state of the various model intergovernmental agreements, annexes, and tax information exchange agreements.

August 02, 2013

~~FATCA: ‘Simple Premise’ Gone Terribly Wrong~~

We are happy to repost an article by Lynne Swanson whose blog is The Maple Sandbox and Victoria Ferauge who publishes the blog, The Franco-American Flophouse. Their article, “FATCA: Simple Premise Gone Terribly Wrong” originally appeared in The Hill’s Congress Blog on July 28, 2013.

June 19, 2013

~~Offshore Bank Accounts?~~

Doing nothing is not an option.

June 13, 2013

~~Mopsick Tax Law Is Pleased To Announce The Addition Of Kathleen Donelan-Maher To Our Firm!~~

April 30, 2013

~~GAO Speaks Out On Quiet Disclosures~~

April 26, 2013

~~IRS FATCA News And Information Newsletter~~

March 08, 2013

~~IRS Yanks Criminal Amnesty Deal From Taxpayers With Secret Bank Leumi Accounts~~

Here is a troubling article, written by Janet Novack, describing a recent development involving IRS rescission of previously granted OVDI clearance letters involving the Bank Leumi in Israel.

February 20, 2013

~~Renewing Your US Passport? BEWARE — – State Department Turns Over Your Social Security Number & Location to the IRS~~

Great blog by Virginia La Torre Jeker J.D.

January 17, 2013

~~At Last… The FATCA Regulations Are Final!~~

TD 9610 Final Regulations

December 04, 2012

~~New York Times: A Long-Distance Relationship With The I.R.S.~~

“You always want to be in a position wherein you’re going to the I.R.S. If the I.R.S. comes knocking on your door first, they’re going to take a harder line.”

October 12, 2012

~~TaxIndiaInternational.com Publishes Steve’s Article~~

“Tax Justice For Recent Immigrants To USA- What They Don’t Teach In Citizenship Class: FBAR’s And Foreign Assets”

August 07, 2012

~~Tax Justice For Americans Abroad Republished In Tax Notes International~~

“Tax Justice for Americans Abroad”

July 16, 2012

~~Steve’s Recently Published Article In Tax Notes Today~~

“Tax Justice for Americans Abroad”

June 20, 2012

~~FATCA Newsletter~~

IRS posted a new bulletin on FATCA on 6/20/12.

May 14, 2012

~~FBAR: Handle With Care~~

Good discussion by Randall Andreozzi; Quiet Disclosures could be a slippery slope.

May 11, 2012

~~Many Americans Abroad Suprised by Tax Code’s Nasty Bite~~

Article written by Brian Knowlton.

March 06, 2012

~~American Ex Pat’s Beware!~~

How you could increase your chance of an audit when you file this year’s new form 8938, Statement of Foreign Assets.

February 17, 2012

~~Mopsick’s Interview With the Business Journal~~

Steve talks about FATCA.

February 15, 2012

~~How to Hide Your Money in an Offshore Account~~

Great article on offshore banking by Connie Cass. You have two choices, do it legally or do it illegally.

February 10, 2012

~~Memo To Foreign Banks: How To Become An IRS Withholding Agent For Your American Clients~~