The IRS has entered a new phase of its review process for the Employee Retention Credit (ERC), highlighting significant concerns about improper claims. This step underscores the importance of...
For many American expatriates, the Report of Foreign Bank and Financial Accounts (FBAR) is a critical requirement. Navigating financial obligations in a foreign land can be tricky. For financial...
U.S. citizens worldwide are required to report their foreign financial assets under FATCA, which was enacted to combat tax evasion. It’s not just a legal requirement but a strategy...
The thought of facing an income tax audit is enough to unsettle even the most composed business owner. While the process can be meticulous and sometimes daunting, understanding what...