[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...

We’ve all heard about the somewhat less-than-positive impact that the Tax Cuts and Jobs Act of 2017 is expected to have on charitable giving. There appears to be little doubt that the significant increases in the standard deduction and the estate and gift tax exemptions will have some effect. Most charities remain optimistic because they believe their donors’ decisions to… Read Complete Article...