BE AWARE OF SCAMS
By Kaufman Accounting |
While the tax filing deadline may have been extended, scammers are hard are hard at work. Thousands of individuals have ...
Read More ISRAEL’S BANK HAPOALIM OFFERS TO SETTLE WITH U.S
By Kaufman Accounting |
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 NON-RESIDENT ALIEN TAX RETURN
By Kaufman Accounting |
If you are not a citizen of the US, specific rules apply to determine if you are a resident alien ...
Read More FOREIGN BANK AND FINANCIAL ACCOUNTING REPORTING (FBAR)
By Kaufman Accounting |
The Bank Secrecy Act of 1970 equipped the U.S. Treasury Department with the authorization needed to collect and analyze a ...
Read More FOREIGN ACCOUNT TAX COMPLIANCE ACT – FATCA
By Kaufman Accounting |
The Foreign Account Tax Compliance Act (FATCA), enacted in 2010, is an important development in U.S efforts to combat tax ...
Read More MECHANISMS FOR RELIEF OF DOUBLE TAXATION
By Kaufman Accounting |
Double taxation is defined as the levying of tax by two or more jurisdictions on the same declared income, asset, ...
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