Download Printable Article By Steven J. Oshins Esq., AEP (Distinguished) There are always a number of outstanding questions in the estate planning industry, many of which are talked about over and over, seemingly at every large conference and on various listservs. Internet bloggers write about these questions, often making bold statements that sometimes come true, but in most cases turn out to be false. This article seeks to highlight some of these questions and posts the odds of them happening in this author’s opinion. The list is posted in order of those which are most likely to happen in 2016,…
Surprisingly Common and Dangerous – IRS Foreign Returns
Download Printable Article By Bruce Givner, Esq. Many taxpayers and most all tax professionals have heard about “FBARs” (Foreign Bank Account Reports, on Form TD F 90-22.1). Some taxpayers and most tax professionals are now also familiar with the Form 8938 Statement of Specified Foreign Financial Assets. However, virtually every taxpayer and most tax professionals are completely unaware of the top eight other IRS foreign information forms. In an increasingly interconnected international world, these forms are called for in a surprising number of situations. In fact, they may be all around you if you are not paying attention. Given the…