In a recent case concerning the civil penalties for failing to report non-U.S. financial accounts on the Foreign Bank Account Report, the U.S. Court of…
The Internal Revenue Service (IRS) announced on March 13, 2018 that it will be ending the Offshore Voluntary Disclosure Program (OVDP) on September 28, 2018.…
In a recent interview with Massachusetts Lawyers Weekly In House Counsel, D. Sean McMahon discusses trends in tax law, challenges to the legal profession and…
Sean McMahon has been named to the 2017 Massachusetts Super Lawyers list in the tax area. He has been named to the list since 2013.
The IRS currently has two categories of the Offshore Voluntary Disclosure Program (OVDP): the regular OVDP program, which will accept any taxpayer not already under…
When you need heart surgery, you want a heart surgeon, not your primary care physician. When the IRS comes knocking at your door, you want…
Banks and financial institutions around the world are mailing letters to account holders requesting U.S. tax documentation. If you have received a letter similar to…
The U.S. Department of Justice reports 18,000 retired U.S. military personnel are living outside the United States. If you are a U.S. taxpayer living outside…
If you have an interest in or signature authority over a foreign account and you haven’t disclosed it to the Internal Revenue Service yet, time…
Sean McMahon presented to Kuwaiti professionals and high-income individuals with U.S. tax issues. The presentation included: