Tax Advisory

The 12-member Joint Select Committee on Deficit Reduction created by the Budget Control Act of 2011 has discussed possibly reducing or completely eliminating the current $5,000,000 exemption [...]

The IRS opened a second offshore voluntary disclosure initiative (OVDI) on February 8 that is scheduled to run through August 31, 2011. The IRS offers a reduced penalty framework to taxpayers who [...]

While we are getting ready for our holiday festivities and New Year’s celebrations, the members of Congress and our President have been hard at work. On December 17, President Barrack Obama [...]