On February 28, 2019 the Senate introduced a bill that would simplify and ease the tax filing and..

Tax

You are a resident alien of the United States for tax purposes if you meet either a green card test..

Expats, Tax

Is the Transition Tax income, that is supposed to be distributed tax free, trapped for individuals..

Transition Tax

The IRS has issued highly anticipated final regulations under Internal Revenue Code Sec. 965, the..

Transition Tax

The IRS has issued highly anticipated final regulations under Internal Revenue Code Section 965,..

Transition Tax

On March 5^th, 2019 the IRS released the latest installment of proposed regulations (the “Proposed..

GILTI, Tax

Audit opinions differ depending on the information available, financial viability, errors..

Audit and Assurance

Even though the IRS is shut down as part of the current US government shut down, Treasury has..

Transition Tax

The IRS has released a new Form 1118, “Foreign Tax Credit — Corporations,” and new instructions..

GILTI, Tax, Transition Tax