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New Filing Date for Foreign Bank Account Return

By Amanda Wilson on Feb 24, 2017 in financial accounts, government, International, lowndes, taxing times, treasury, Foreign Operations

By:  Amanda Wilson If you have a foreign bank account (or signatory authority on a foreign bank account), you are required to file a Form 114 (commonly called an FBAR) if at any point during the calendar year the combined balance in all of your...

Mnuchin: Tax Overhaul by August

By Amanda Wilson on Feb 23, 2017 in government, IRS, lowndes, Tax, tax reform, International

By:  Amanda Wilson Treasury Secretary Mnuchin stated that his goal is to have an overhaul of the Internal Revenue Code by August.  He recognized that this is an aggressive time table, and that reform may slip to later in the year.  We will have to...

White House: Tax Reform Coming in March

By Amanda Wilson on Feb 23, 2017 in government, irc, IRS, lowndes, Tax, tax reform, International

By:  Amanda Wilson The White House announced that President Trump's tax reform plan will be coming soon (around March 13th).  Stay tuned!

Tax Reform In Trouble?

By Amanda Wilson on Feb 20, 2017 in government, lowndes, Tax, tax reform, International

By: Amanda Wilson The Wall Street Journal had an interesting article on the future of tax reform.   It can be found here.