The Internal Revenue Service (IRS) announced that more than 54,000 taxpayers have participated in offshore disclosure programs since 2009. The programs have collected more than…
The Internal Revenue Service has identified twelve fraudulent tax scams for taxpayers to avoid this tax season. The list contains includes warnings against scams such…
The Foreign Account Tax Compliance Act (FATCA) was enacted by Congress in 2010 as a way to target non-compliance by U.S. taxpayers using foreign accounts.…
Who says tax law is boring? Here are three court decisions from 2013 that will have a significant impact tax cases and tax law in…
Wegelin & Co., Switzerland’s oldest bank, has agreed to pay $74 million to the United States to settle charges that it aided U.S. taxpayers in…
I am pleased to announce that Internal Revenue Service veterans, Jeremiah O’Sullivan and Paul Reska have joined the McMahon Law Office. As the government continues…
The Internal Revenue Service’s new procedures to help U.S. citizens residing overseas, including dual citizens, catch up with tax filing obligations go into effect on…
Switzerland’s Federal Administrative Court ruled that the tax office cannot release Credit Suisse bank data to the Internal Revenue Service (IRS). The IRS requested administrative…
The Treasury Department and the Internal Revenue Service (IRS) have issued proposed regulations for the next major phase of implementing the Foreign Account Tax Compliance…
At a meeting with European Union officials last week, the U.S. proposed changes to the Foreign Account Tax Compliance Act (Facta). Proposed changes are aimed at…