The incentives introduced by the new tax laws had a wide scope and supported investing into real estate as it has consistently been a key driver of economic growth and the creation of jobs,...
Private Equity Firms Get Clarity on Interest Deduction Limits According to bloomberg.com, companies that are highly leveraged can start calculating how much the Republican tax law limits their interest deductions for debt. This knowledge...
According to bloomberg.com US countries might finally get a break when it comes to foreign tax laws. The IRS might finally be easing up when it comes to the new foreign tax. Even with...
According to accountingtoday.com, some hedge fund investors could see negative effects from President Donald Trump’s tax overhaul. Certain expenses that taxpayers could previously itemize on their returns, such as mandatory management fees paid to...
To file Form 1120-F tax return for foreign corporations reported on an annual basis, regulation § 1.6012-2(g)(1) requires foreign corporations to be engaged in ongoing U.S. trade or business activity. Even if there is no...
Tax reform was an important topic during Trump’s run for the presidential seat. According to Bloomberg.com Trump stated, “hedge fund guys are getting away with murder.” Despite the Presidents efforts for tax reform it...
According to Investopedia.com, the Internal Revenue Service (IRS) does not treat money held in a foreign account the same as money that is held on a domestic account. Out of fear of being unable...
Congress voted to enact one of the most sweeping U.S. tax reform bills on December 20, 2017. This bill is called the Tax Cuts and Jobs Act (TCJA) and will revamp the U.S. international...
Offshore tax methods have been used for decades by many wealthy Americans to conceal income and assets to reduce their tax burden. However, around 2007, the financial collapse increased concerns regarding federal budget shortfalls....
Barrons.com put together a great list of ways you can offset your tax bill and lower the amount you owe. It’s always a terrible day when you get a nasty surprise and realize you...
