Articles

A red and white sign sitting in front of some clouds

BE AWARE OF SCAMS

While the tax filing deadline may have been extended, scammers are hard are hard at work. Thousands of individuals have ...
Read More
A person holding some money in their hands

ISRAEL’S BANK HAPOALIM OFFERS TO SETTLE WITH U.S

On March 23, 2020 taxnotes.com reported that Israel’s largest financial institution, Bank Hapoalim, expects to pay $870-million to end investigations by US ...
Read More
A close up of the tax form 1 0 4 0 nr

NON-RESIDENT ALIEN TAX RETURN

If you are not a citizen of the US, specific rules apply to determine if you are a resident alien ...
Read More
A close up of some different currencies

FOREIGN BANK AND FINANCIAL ACCOUNTING REPORTING (FBAR)

The Bank Secrecy Act of 1970 equipped the U.S. Treasury Department with the authorization needed to collect and analyze a ...
Read More
A close up of a globe on top of money

FOREIGN ACCOUNT TAX COMPLIANCE ACT – FATCA

The Foreign Account Tax Compliance Act (FATCA), enacted in 2010, is an important development in U.S efforts to combat tax ...
Read More
A person holding an open wallet with money in it.

MECHANISMS FOR RELIEF OF DOUBLE TAXATION

Double taxation is defined as the levying of tax by two or more jurisdictions on the same declared income, asset, ...
Read More