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The South Florida Legal Guide

Do you know how to minimize the chances of criminal prosecution if you are willfully out of U.S. international compliance?
By Stanley I Foodman Nov, 7th 2017
[International Tax Compliance] Do you know how to minimize the chances of criminal prosecution if you are willfully out of U.S. international compliance? By Stanley I. Foodman The Offshore Voluntary Disclosure Program (OVDP) is a partial tax amnesty program whereby IRS permits noncompliant taxpayers to disclose willfully unreported offshore accounts, entities and related income. Taxpayers who do not submit an… Read Complete Article...
Taxpayers Ought to Avoid Over- and Under -Withholding of Tax
By Stanley I. Foodman Mar, 7rd 2018
The IRS released Notice 1036 on January 11 to update the income-tax withholding tables for 2018, after passage of the tax reform legislation under the Tax Cuts and Jobs Act (the Act). The new withholding tables are needed to reflect the changes in tax rates and tax brackets, increased standard deduction and repeal of personal exemptions that were included in… Read Complete Article...