IRS Finally Collects From Taxpayer Living Abroad
August 12, 2017 by Felicia Seaton
Filed under Latest Articles, US Income Tax Compliance
I’ve been waiting for a case like this to come down – Taxpayer who resides outside the U.S., whom the IRS pursues for penalties as a result of a compliance procedure: http://www.step.org/news/irs-pursues-canadian-resident-who-refused-pay-offshore-penalty
Additional Partnering with AACI – What To Expect This Tax Season
March 15, 2015 by Felicia Seaton
Filed under US Income Tax Compliance
What To Expect This Tax Season: US & Israeli Taxes 7.30pm Wednesday 18 March The 2014 US and Israeli tax-filing season has commenced. For US citizens living in Israel, this year may seem particularly challenging. The Foreign Account Tax Compliance Act (FATCA) came into force on 1st July 2014. Our speakers are Alan Deutsch, a CPA [...]
Partnering with AACI: Making Sense of US Income Taxes
November 18, 2014 by Felicia Seaton
Filed under US Income Tax Compliance
SOLUTIONS TO YOUR FATCA PROBLEMS The Foreign Account Tax Compliance Act (FATCA) finally came into force on 1st July 2014. Here are some troubling questions for US non-resident citizens living in Israel: Now that Swiss banking secrecy is a thing of the past and billions have been paid in penalties to the [...]
Partnering with AACI: Making Sense of US Income Taxes
September 4, 2014 by Felicia Seaton
Filed under US Income Tax Compliance
Solutions to your FATCA problems AACI seminar September 10, 4:30 p.m. AACI Jerusalem The Foreign Account Tax Compliance Act (FATCA) finally came into force on 1 July 2014. Here are some troubling questions for US non-resident citizens living in Israel: Now that Swiss banking secrecy is a thing of the past and billions [...]
Felicia M. Seaton, Esquire Interview in Jerusalem Post
October 10, 2013 by Felicia Seaton
Filed under US Income Tax Compliance
October 10, 2013 – Aaron Katsman of Lighthouse Capital, a licensed financial adviser in Israel and the United States who helps people with US investment accounts, interviews Felicia M. Seaton, Esquire about US reporting requirements - how does it apply to you? Does it apply to you? http://www.jpost.com/Business/Business-Features/Your-Investments-Some-facts-about-FACTA-328306 Note: This is the first article in [...]
78 Year Old Sentenced to Jail Time for US Tax Evasion via Swiss Account
July 18, 2013 by Felicia Seaton
Filed under US Income Tax Compliance
“Troost, 78, of Skokie, has already paid $1,039,343 in back taxes to the Internal Revenue Service, as well as a civil penalty of approximately $3.75 million, but U.S. District Judge John J. Tharp, Jr., said those payments alone would not sufficiently deter wealthy individuals from failing to meet their voluntary tax obligations.” http://www.justice.gov/usao/iln/pr/chicago/2013/pr0716_01.html If you [...]