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The IRS Begins Accepting 2017 Tax Returns

The IRS begins accepting 2017 tax returns as tax season is upon us.  Allen Barron is uniquely structured to prepare and file your international, domestic, business and personal tax returns.  Our tax attorneys are supported by Allen Barron's accounting professionals as we work toward this year's deadline of April 17. ...

IRS FBAR Reporting Notes and Caution Regarding Streamlined Application Filings

Recently released IRS FBAR reporting notes detailed some interesting facts regarding FBAR filings since the program's inception in 2007.  In 2007 the IRS received 332,000 FBARs compared to more than 1 million FBAR reports for tax year 2015.  The IRS noted it has charged hundreds with tax evasion and willful...

A New World of Financial Transparency and International Tax

2017 is dawning on a new world of financial transparency and international tax cooperation between global sovereign tax authorities and the world's banks and investment houses.  What does this mean for international investors, US taxpayers with offshore accounts and assets and international business?  In short - a reckoning. The primary...