Managers of Wealth Americas

Grant Thornton Principal Priya Sarjoo named ‘Top 25 Consultant’ in 2020

Consulting magazine honors Sarjoo for ‘Excellence in Leadership’

IRS targets tax compliance by non-U.S. owners of U.S. real estate

FIRPTA taxes foreign persons on the disposition of their U.S. real property interests.

Charting an estate planning course in uncertain political waters

The Democratic Party has made very clear that if it had unfettered control, taxes on property transferred by gift or death would rise.

Where to Put Your Stocks and Bonds to Pay Less Tax

By holding investments like bonds in these accounts, any income earned will not be taxed in the period earned -- it will only be taxed, albeit at ordinary income rates, when money is actually withdrawn from the account.

GAO Tells Lawmakers Offshore Variable Life Can Be Abused

Further, some taxpayers closely control how their premiums are invested and may direct premium funds toward illiquid assets they currently own in an attempt to convert taxable income to tax-exempt income that is eventually passed on to their beneficiaries

Facing change: Current United States tax and estate planning ideas

Uncertainty at a political level, and the possibility of further changes in the tax code, create urgency.

IRS Undertaking Hundreds of Repatriation Tax Audits in October

“We believe that there’s a high likelihood of noncompliance in this space,”

Transatlantic Tax Updates: July 2020

A round-up of the recent US tax changes relevant to American taxpayers living in the UK.

Catching up with US tax returns doesn’t need to be difficult for expats

The IRS requires that the last 3 tax returns that are overdue are filed in good faith during this process.

Canada Revenue Agency: How to Build a Tax-Free Pension

The CRA gives you 1/40th of the OAS for each year you lived in Canada after the age of 18.

Millionaires in Latin America Weigh Moving to Sidestep Tax Grab

Uruguay cuts tax residency requirements to attract investors

Three key considerations for tax and legal leaders

They are at the forefront of crafting essential strategies to maintain a positive cash flow, drive the implementation of government relief measures

Global tax guide to doing business in...

This edition of our annual insight piece is aimed at providing a high-level overview of the tax consequences that face businesses planning to expand international operations.

Latin America’s taxing problem

Calls grow to make the rich pay more as Covid-19 drains public finances

For less than $400,000 you can now get Uruguay tax residency

Starting in July, foreigners who live at least 60 days a year in Uruguay and buy real estate valued above 3.5 million inflation-linked UI -- currently equivalent to $378,000 -- will qualify for tax residency.

IRS Grants Tax Relief for Qualified Opportunity Funds and Investors in Response to the COVID-19 Pandemic

Generally, pursuant to the QOF rules, investors who wish to defer capital gains have 180 days from the applicable recognition date to invest such capital gains into a QOF.2

U.S. taxpayers' virus relief went to firms that avoided U.S. taxes

Zagg has booked much of its profit through small companies in far-off Ireland and the Cayman Islands, its filings show.

CARES Act Increases Business Tax Incentives for Charitable Gifts

Changes apply to donations of cash and food inventory.

Tax executives: Response to COVID-19

Cash flow, costs, and efficiency

CRA claiming $4.4B from Canadian companies and individuals suspected of tax evasion

The $4.4 billion is far from won for Canada’s tax agency. Tax evasion cases often lead to notoriously long and difficult court fights for the CRA