Beware the Potential Tax Pitfalls of Investing in Offshore Mutual Funds or Owning Foreign Insurance Policies If you have never reported your foreign investments on your U.S. Tax Returns, the IRS has established the Offshore Voluntary Disclosure Program (OVDP) which allows taxpayers to come forward to avoid criminal prosecution and not have to bear the […]
IRS SEEKS TO ELIMINATE GIFT AND ESTATE TAX DISCOUNTS ON FAMILY-OWNED BUSINESSES AND ENTITIES On August 2, 2016, the Treasury Department issued proposed regulations under the authorization contained in Section 2704(b) of the Code, with a hearing scheduled on December 1, 2016. The proposed regulations will essentially take away all valuation discounts for interfamily transfers […]
Jeffrey B. Kahn, Esq. and Gary Sussman Discusses the Lifetime Estate Gift Annuity, the Building Blocks to Financial Security and the “Victory Tax” On ESPN Radio Topics Covered: 1. Special Guest: Jim Sagona with Pacific Sotheby’s talking about the Sharp Health Care Lifetime Estate Gift Annuity 2. The Building Blocks to Financial Security 3. Victory […]
Jeffrey B. Kahn, Esq. and Windus A. Fernandez Brinkkord Discusses Business Consulting, 401(k) Plans and IRS Audits -What Need To Know, On ESPN Radio – August 12, 2016 Show Jeffrey B. Kahn, Esq. and Windus A. Fernandez Brinkkord Discusses Business Consulting, 401(k) Plans and IRS Audits -What Need To Know, On ESPN Radio – August […]
Jeffrey B. Kahn, Esq. and Gary Sussman Discusses Financial Planning, Undisclosed Foreign Accounts and the IRS On ESPN Radio – July 29, 2016 Show https://soundcloud.com/kahntaxlaw/undisclosed-foreign-accounts-and-the-irs Topics Covered: 1. Special Guest Mark Schwartz, Owner at Mark Schwartz Realty 2. Financial Planning missteps that could ruin everything 3. FATCA Momentum Grows; If You Have Undisclosed Foreign Accounts […]
Tips If You Owe Taxes Mailed Tax Bills.If you owe taxes, you will first receive a bill in the U.S. mail from the IRS which tells you your balance owed through a certain date indicated on the bill. Don’t fall for those calls from people claiming to be the IRS threatening criminal action against you […]
IRS getting more muscle in its fight against offshore tax evasion In a recent legal battle with UBS, the IRS has exerted its dominance once again by demanding transparency and exposure of international tax evasion and avoidance at some of the most powerful foreign financial institutions. The IRS previously reached an unprecedented settlement with UBS, […]
How a Summer Wedding Can Affect Your Taxes With all the planning and preparation that goes into a wedding, taxes may not be high on your summer wedding checklist. However, you should be aware of the tax issues that come along with marriage. Here are some basic tips that taxpayers should be aware of: • […]
Jeffrey B. Kahn, Esq. and Windus Fernandez Brinkkord Discusses Brexit, Summer Wedding Tax Woes and the IRS On ESPN Radio – July 22, 2016 Show Topics Covered: 1. Jonni Bailey with Ruff Haus Design, A business’ loyal marketing company! 2. As Brexit Unfolds…what we need to know. 3. Summer Wedding Tax Woes. 4. Questions from […]
Jeffrey B. Kahn, Esq. and Windus A. Fernandez Brinkkord Discusses The Markets, Tips If You Owe Taxes and the IRS On ESPN Radio – July 15, 2016 Show Topics Covered: 1. Special Guest: Chris Rupp, Franchise Owner; PrideStaff, PrideStaff Financial 2. Youth Optimism Powers U.S. Economy 3. Tips If You Owe Taxes 4. Call in […]
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