Foreign Investment in Real Property Tax Act
The IRS generally taxes U.S. taxpayers on all income, from any source derived. Foreign taxpayers, on the other hand, will usually only pay U.S. [...]
Will Capital Gains Move Me Into a Higher Tax Bracket?
A frequently asked tax question is whether capital gains may push a taxpayer into a higher tax bracket. This article will examine some of [...]
FBAR (Report on Foreign Bank and Financial Accounts) is due on June 30, 2011
Pursuant to the Bank Secrecy Act, 31 U.S.C. §5311 et seq., the Department of Treasury (the “DOT”) has established certain recordkeeping and filing requirements [...]
Estimated Tax Payments are due on June 15, 2011
Estimated tax payments for the second quarter (April 1 - May 31) of 2011 are due on June 15, 2011. The estimated tax payments [...]