Sean McMahon presented to Kuwaiti professionals and high-income individuals with U.S. tax issues. The presentation included:
In June, the IRS announced new procedures to help U.S. citizens residing overseas, including dual citizens, catch up with tax filing obligations and assist with…
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…
The Internal Revenue Service has persuaded U.S. taxpayers to disclose hidden offshore bank accounts but then sometimes failed to cap the penalties, as promised, an…
For the second time in the past two years, a Swiss bank has handed over client records to the IRS. Rupert Neate reports in the…
The 2011 Offshore Voluntary Disclosure Initiative (“OVDI”) is different in several ways from the 2009 Offshore Voluntary Disclosure Program (“OVDP”). The deadline to apply to…
Earlier this week, former Swiss banker Rudolf Elmer gave Wikileaks documents that allegedly detail tax evasion by 2,000 high net worth individuals and corporations. Mr.…