IRS Amnesty Deadline Extended to September 9, 2011 Due to Irene

The IRS has just announced that is extending the deadline for taxpayers to participate in the Offshore Voluntary Disclosure Initiative. The original deadline was August 31, 2011. This means there is still plenty of time…

Read More

Offshore Amnesty Reminder: Deadline August 31, 2011

It’s a crime not to report your foreign earnings on your federal income tax returns. It is likewise illegal not to report your foreign bank account holdings to the Treasury Deparment. But there is good news:…

Read More

Democrat Demi-God Bill Clinton Favors Repatriation Tax Holiday

Paul Caron has some big news: Bloomberg, Bill Clinton Backs U.S. Tax Holiday on Foreign Profits, With Caveats: Former U.S. President Bill Clinton endorsed a tax holiday on repatriating offshore profits with conditions, taking a…

Read More