Newest IRS Campaigns – Targeting All Things Foreign, Especially NRAs

  For the past few years, the Internal Revenue Service’s (IRS) Large Business and International (LB&I) Division has been shifting to a new audit strategy known as “campaigns.” […]

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Your Children and US Tax Reform – Tax, Tax, Tax the Kiddies!

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Giving a significant amount of investment assets to one’s children used to be a popular tax strategy, since it permitted the income earned on the investment to be […]

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Meghan and Harry – KISS! (Keep It Separate Sweetheart) – US Gift Tax Perils of Joint Ownership

My earlier blog post gave a head’s up to married couples about jointly owned assets when one spouse is a non-US citizen.  The US Estate and Gift tax […]

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