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Lessons to Learn – IRS Offshore Asset Disclosure Laws

by cpaofmiami | Dec 3, 2014 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes

In an effort to prompt United States taxpayers with hidden offshore accounts to come clean regarding the existence of those accounts, the Internal Revenue Service, or IRS, launched its “Offshore Assets Disclosure Program”. By 2012, the IRS claimed to have recovered...

Taxes Are So Complicated For Professional Athletes

by cpaofmiami | Nov 25, 2014 | Tax Compliance - High Net Worth Individuals

The only two things in life that are certain, as they saying goes, are death and taxes. The problem is, taxes have become quite complex, especially for professional athletes who travel to certain cities, states, and even foreign countries for the purpose of business....

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