May 20, 2012
FBAR vs. Tax FBAR – What’s the Difference?
The Hiring Incentives to Restore Employment (HIRE) Act in 2010 includes the Foreign Account Tax Compliance Act (FACTA), which requires certain individual taxpayers to file Form 8938, Statement of Foreign Financial Assets, commonly referred to
May 21, 2012
10 Year Period to Change Election to Deduct Rather Than Credit Foreign Taxes May Not Apply
In lieu of the three year period that normally applies to filing amended tax returns, taxpayers have generally had 10 years to decide whether to deduct or credit foreign taxes paid (or deemed paid).
May 21, 2012
Update from the UK Tax Desk
In late March, the UK government published the 2012 Finance Bill enacting tax measures announced in the budget a week earlier, with a number of measures that could impact someone considering a move to
September 18, 2012
Bernard to Speak at Tax Executives Institute
Tax Executives Institute is the preeminent association of in-house business tax professionals worldwide. Our members are business executives who are responsible for taxation matters on an administrative or policy-making level, or whose work ...
July 28, 2016
IRS Issues Final Regulations on Country-by-Country Reporting
As expected, IRS issued final regulations regarding new Country-by-Country Reporting (CbCR) requirements for U.S. Multinational Enterprise (MNE) groups effective June 30, 2016. These final regulations formally implement guidelines published by the Organisation for Economic ...
September 06, 2016
November Filing and Tax Payment Deadline for Foreign Persons With Procurement Contracts With U.S. Government Between 2011-2015
On August 18, 2016, the U.S. Treasury Department released final regulations under Sec. 5000C relating to the 2% gross U.S. tax on payments made by the U.S. government to foreign persons pursuant to ...
September 10, 2018
Hawthorne Speaking on Strafford Webinar Panel
Strafford webinars provide individuals including attorneys and accountants with the most recent training and information on a variety of topics to help advance their career and skills. Strafford is holding a ...