Foreign Bank and Financial Account Reporting due June 30th

If you have a financial interest in or signature authority over a foreign financial account, including a bank account, brokerage account, mutual fund, trust, or other type of foreign financial account, exceeding certain thresholds, the Bank Secrecy Act may require you to report the account yearly on FinCEN 114, Report

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Delinquent Offshore Income Reporting Made Easier

The IRS recently made additional changes to the Streamlined Domestic Offshore Procedures to make it easier for U.S. individual taxpayers to come into compliance with international income reporting. Like other iterations of the program, these changes are designed for individuals whose failure to comply with the regulations was non-willful. The

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Mexican Tax Reform

In late 2013, the Mexican Congress approved the final version of the 2014 tax reform bill. This bill represents a significant change in terms of when and how taxes are paid for individuals living in and companies with operations in Mexico. A key reason for the reform was the need

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International Tax Strategies – Transfer Pricing & Compliance

At the “Transfer Pricing & U.S. International Tax Compliance Seminar,” Ellen Juram and Alex Martin discussed tax strategies for conducting international business, including the intricacies of transfer pricing as it pertains to international tax compliance, cashflow improvement strategy, base erosion and profit shifting. Many of our growth-driven clients face the

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Barnes Dennig goes to Portugal with PKF International

Bem-vindo a Portugal! In late November, Tax Principal Ellen Juram, CPA, traveled to Lisbon, Portugal for the PKF International Tax Meeting, to meet and discuss current tax initiatives with members from more than 25 countries and how clients could be impacted going into 2015. With topics ranging from International tax

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