The clock continues to tick down for taxpayers hoping to take advantage of the Offshore Voluntary Disclosure Program (OVDP). The Internal Revenue Service (IRS) will close the program on September 28: that gives taxpayers just a few more weeks to apply. The IRS launched the OVDP in 2009 to encourage compliance with foreign asset reporting. Structured as…
Sometimes, what seems like a little story is actually quite extraordinary. That’s what happened earlier this month, when what seemed like business as usual thousands of miles away came and went without a lot of attention. That business, with the bang of a gavel, was the Swiss parliament amending their tax treaty with the United…
My seven-year-old has a penchant for getting herself into trouble. She’s that kind of kid who pushes boundaries to see exactly how far she can get. Lucky for her, she also has a pretty quick wit and a couple of looks up her sleeve. When she gets into trouble, she peers up at me and…
Hurricane Irene is huge. As of last night, 29 million people were under a hurricane warning. The effects of the hurricane are expected to be felt this weekend by nearly 55 million people, or just under the total population of the United Kingdom. Even as the storm is downgraded to a Category 1, power outages…