Foodman CPAs & Advisors | USA | 5 May 2016
The Internal Revenue Service (IRS) recommends that taxpayers choose their tax preparer wisely. The main reason behind this recommendation is that the…
Foodman CPAs & Advisors | USA | 5 May 2016
From this moment forward, a U.S. taxpayer ought to recognize that IRS will have knowledge of a taxpayer's financial assets outside of the U.S. that…
Foodman CPAs & Advisors | OECD, Panama, USA | 20 Apr 2016
The Panama Papers has become a new buzz phrase. Information contained in the Panama Papers illustrates the dangers of noncompliance for U.S…
Foodman CPAs & Advisors | USA | 20 Apr 2016
First and foremost: An I.R.S. Audit is not an accusation of WRONGDOING. It is what is known as an impartial review to assess return filing accuracy…
Foodman CPAs & Advisors | USA | 31 Mar 2016
Muchos Expatriados Estadounidenses están recibiendo Cartas FATCA de los bancos del extranjero alrededor del mundo. Los bancos están enviando estas…
Foodman CPAs & Advisors | USA | 30 Mar 2016
The tax world is clearly becoming more interconnected and globalized with countries exchanging financial information about each other's citizens…
Foodman CPAs & Advisors | USA | 29 Mar 2016
Publication 17 has been published annually by the IRS since the 1940s and has been available on the IRS web site since 1996. The 286-page guide also…
Foodman CPAs & Advisors | USA | 29 Mar 2016
Forensic accountants are specialists that integrate accounting, auditing and investigation - all in one. The merging of all these skills under the…
Foodman CPAs & Advisors | USA | 29 Mar 2016
First and foremost: An I.R.S. Audit is not an accusation of WRONGDOING. It is what is known as an impartial review to assess return filing accuracy…
Foodman CPAs & Advisors | USA | 15 Mar 2016
Most Tax returns are ignored by the I.R.S. primarily because I.R.S. is short on personnel and funding. Nonetheless, according to a report from…