Midyear may not seem like “tax season,” but now is an ideal time to assess your tax situation and to identify and implement appropriate planning strategies. Current federal tax law provides many opportunities for certain taxpayers to reduce their tax bills for 2012. However, a number of favorable measures are scheduled to expire at year- end, so careful planning for...
Read MorePlease note that any person or entity subject to the jurisdiction of the United States (includes individuals, corporations, partnerships, trusts, and estates) having a financial interest in, or signature or other authority over, bank accounts, securities, or other financial accounts having a value exceeding $10,000 in a foreign country, shall report such a...
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