Managers of Wealth Americas

Croatia and US sign agreement to prevent tax fraud and evasion

Croatia and the United States have signed an agreement on the application of the Foreign Account Tax Compliance Act concerning accounts in foreign financial institutions

America’s crackdown on tax avoidance: will it work?

Amid mounting pressure last year, the US launched a supposed crackdown on tax inversion

TAG's Corporate Growth Fuels New Hires and Office Location

TAG, which is now up to over 45 full-time employees, provides outsourced accounting services for corporations and high-net-worth families

How three South Florida accounting firms used rebranding to streamline their business

These are not your parents' accounting firms.

Puerto Rico fights tax evasion as it seeks new revenue sources

Javier and Oscar Juelle failed to turn over $1.27 million in sales taxes they collected over four years

Machen McChesney Unveils New Brand Identity, Launches New Website

As part of the brand strategy and implementation, the name of the firm will be shortened to Machen McChesney, effective immediately

IRS still after former U.S. soccer bigwig over millions in unpaid taxes

The tax man is still chasing the big man at the center of the simmering scandal over corruption at the highest levels of international soccer.

Was Bank Leumi too hasty in revealing U.S. clients' info to the IRS?

There is a direct line connecting the disclosure of the identities of 6,200 Israelis with Swiss bank accounts

US Report Criticizes Repatriation Tax Proposals

The US corporate tax code currently uses the "worldwide" approach

Sen. Sanders calls offshore tax havens 'legalized tax fraud'

Sanders, top opposition member on the Senate Budget Committee, released a report decrying what he called “legalized tax fraud.”

Wegelin Bankers Face Obstruction Charges in U.S. Tax Case

Three Swiss bankers accused in 2012 of helping Americans hide more than $1.2 billion from the U.S. Internal Revenue Service face new charges of obstructing the agency from collecting taxes on undeclared accounts.

Got a few million bucks you want to protect from the tax man?

The company’s aggressive online marketing has attracted enough customers that the Internal Revenue Service and U.S. prosecutors noticed.

Trusts & Estates Mourns Douglas Moore

Doug was co-chair of our Estate Planning & Taxation committee.

Tax-Refund Fraud Soaring, Little IRS Can Do

The whole system is a disaster

Clinton foundation received up to $81m from clients of controversial HSBC bank

The charitable foundation run by Hillary Clinton and her family has received as much as $81m from wealthy international donors

UBS Faces a New Tax-Evasion Probe

Authorities Investigate Whether Swiss Bank’s Clients Used ‘Bearer Securities’ to Hide Cash

Obama tax plans could spark US corporate exodus

It also calls for a 19% minimum tax on future foreign earnings

China to Crack Down on Tax Collection From Multinational Companies

China’s tax officials plan to step up efforts to collect taxes from multinational corporation in the latest of a series of moves in the last year, mostly against Western companies.

Reinsurance, Hedge Fund Tax “Loophole” Rule Set for the Spring

Reworked tax rules on how hedge funds can set up reinsurance shop in in offshore domiciles and continue to receive a favorable tax treatment are expected to be issued in the next 90 days, according to Internal Revenue Service Commissioner John Koskinen.

IRS to issue regulations on hedge fund reinsurance strategy

The aim is to stop what some see as a way for hedge funds to avoid tax on income by using offshore reinsurance operations and for their investors to avoid U.S. tax laws too.