05/14/2014

Hong Kong, US Wrapping Up FATCA Agreement

Hong Kong and the United States have substantially concluded discussions on an inter-governmental agreement to simplify Hong Kong financial institutions' compliance with the Foreign Account Tax Compliance Act.

05/09/2014

It’s virtual, but not tax free

Virtual currency is something that can be difficult to wrap your brain around, but if you are using it, make sure that you understand how the IRS views virtual currency.