By tax year 2025, there will be a number of significant changes to U.S. tax laws. What will change and how does it impact high net worth individuals (HNWI)?
From NFTs to the Dirty Dozen, tax havens to FBAR, policymakers had their hands full during the first three months of 2023. What were the most impactful tax stories of the first quarter,.
SPACs, or special acquisition corporations, were all the rage in 2020 and 2021, including investors such as sports icons and media moguls. Also referred to as “blank-check companies,”.
Amidst the upheaval of the COVID-19 pandemic, some U.S. taxpayers were unable to file their 2019 or 2020 income tax returns within the IRS’ filing deadlines The Internal Revenue.
In 2010, the U.S. Congress enacted the Foreign Account Tax Compliance Act (FATCA) to prevent U.S. taxpayers from using hidden offshore bank accounts to commit tax evasion. But a massive.