Banking & Taxation

Complying with the new Form I-9

Form I-9, officially the Employment Eligibility Verification, is a United States Citizenship and Immigration Services form. Mandated by the Immigration Reform and Control Act of 1986, it is used to confirm the identity and legal authorization to work of all compensated(paid) employees in the United States. All U.S. employers must Read more…

By Nia, ago
Banking & Taxation

IRS Scrutiny on Cryptocurrency Reporting

With the Internal Revenue Service (IRS) increasing tax enforcement for cryptocurrencies, it grows ever more important for you to understand the reporting requirements for ownership and exchange of cryptocurrency, and to become aware of potential valuation issues that may arise from its transactions. On February 15, 2018, tax attorneys Steven Read more…

By Nia, ago
Banking & Taxation

Offshore Financial Assets: The IRS Offshore Voluntary Disclosure Program Ends September 28, 2018

Resolve Your Clients’ Tax Filing Omissions of Undisclosed Offshore Income and Assets The Internal Revenue Service (IRS) has been aggressively pursuing unreported foreign accounts since 2009. During that time, the IRS has offered various Offshore Voluntary Disclosure Programs (OVDP’s). On March 14, 2018, the IRS announced that the current OVDP Read more…

By Nia, ago