Friday, November 10, 2017

IRS international tax audit updates

IRS international tax audit updates
http://ift.tt/2yQ1Xcw The IRS has announced four new audit campaigns on international filers: 1. Those who file the Foreign Tax Credit 2. Those who file the foreign income exclusion 3. Those who used a proxy to hide ownership of Swiss bank Accounts. 4. Controlled foreign corporations who make loans back to the US-based parent code (sec 956). Tax Attorney Anthony Parent and host Claudine Gindel discuss how these audits will works the true target of the audits and what to do if you are concerned about your FBAR audits or international reporting forms (5471, 8821, 8865, 8938, 3520-A, 3520, etc) or criminal exposure. Parent & Parent LLP 144 S. Main Street Wallingford, CT 06942 (203) 269-6699 info@irsmedic.com https://youtu.be/N4ZnI0tnOOM IRS Medic

Monday, November 6, 2017

The pros and cons of the 2017 Tax Reform package

The pros and cons of the 2017 Tax Reform package
http://ift.tt/2zkUI9r http://ift.tt/2yAw6wr H.R. 1, "the Tax Cuts and Jobs Act" which is the first draft of the 2017 Tax Reform bill fulfills some of the promises made by Republicans. However, it has got some weak points. In this video Claudine and Tax Attorney Anthony will analyze the major benefits and the drawbacks of the 2017 tax reform package. Parent & Parent LLP 60 EAST 42ND STREET SUITE 4600 New York, NY 10165 (212) 256-1335 info@irsmedic.com https://youtu.be/Op8P2QhCYMg IRS Medic