Congress passes American Taxpayer Relief Act and averts most tax elements of the fiscal cliff *

USA - January 4 2013
On January 2, 2013, President Obama signed into law via the autopen, the American Taxpayer Relief Act of 2012 (H.R. 8) (the "Act"), legislation that…

Co-authors: Jennifer Lynn Bell , Joseph M. Doloboff, Daniel R. Blickman, Cory G. Jacobs, Megan A. Christensen.

FBAR reminder: U.S. taxpayers must report foreign bank accounts by June 29, 2012 *

USA - June 18 2012
The annual deadline for filing Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts (commonly known as the “FBAR” form) is fast approaching. Any U.S. taxpayer with a financial interest in, or signature or other authority over, a foreign financial account (which includes bank, security and other types of financial accounts) is required to file the FBAR form if the aggregate value of the account (or accounts) exceeds $10,000 at any time during the 2011 calendar year, subject to certain exceptions.

Co-authors: Jennifer Lynn Bell , Matthew D. Lee.