Form 5472 – Everything You Need To Know (Part I)

Close up of hands filling in a tax form

This tax filing season brought a wave of questions about Form 5472.  Interest in this complex form was renewed because of recent Treasury Regulations requiring that it be […]

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Disregarded Entity – Ownership of Foreign Real Property

Part I of this blog post discussed the general concept of what is called a “disregarded entity”. It also examined how the “disregarded entity” is used (and misused) […]

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More Guidance from IRS: Final Regs and Specified Foreign Financial Assets / Form 8938

Further guidance was just provided by the IRS in the form of finalized Treasury Regulations for those individuals who are required to report interests in so-called “specified foreign […]

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