Managers of Wealth Americas

Many of the more than 100 Swiss banks facing U.S. allegations that they helped Americans evade taxes will have to wait until 2015 to settle the disputes

Swiss Banks’ DoJ Emissary Sees Tax Spats Drag on in 2015.

'I was terrified we'd lose all our money': banks tell US customers they won't work with Americans

Thousands of Americans abroad are giving up their citizenship as the implementation of a complex new tax law causes banks to shut down accounts for US expatriates

Armed With FATCA, IRS Hunts Offshore Tax Evaders, While Canada Eases Up

In a move tied to budgets, Canada’s Revenue Agency is cutting its top staff focused on international tax evasion.

Clients' Foreign Tax Bills Now a Concern for U.S. Bankers

That certainly seemed to be the shared opinion of a panel of banking regulation experts, including two officials from the U.S. Securities and Exchange Commission, who spoke about tax compliance and money laundering at a conference Tuesday.

OECD unveils new global plans to crack down on corporate tax dodgers

At the request of the G20 Leaders, the OECD’s work is based on a BEPS Action Plan setting out the 15 key elements to be addressed by 2015

Treasury Is Weighing Action on Hedge-Fund Tax ‘Loophole’

The Treasury, in an Aug. 9 letter obtained by Bloomberg News today, told Senate Finance Committee Chairman Ron Wyden that it’s concerned about such arrangements and is weighing legislative and administrative responses.

Appeal Filed With The Federal Court Of Canada Seeking A Declaration That FATCA Is Unconstitutional And Should Not Be Enforced In Canada

Under FATCA financial institutions enter into an agreement with the IRS and to disclose the names of all U.S. persons who hold accounts with U.S. $50,000 or more.

US tax haven Delaware under pressure

That has now put Delaware, and other states that permit shell companies, in the sights of the US authorities, after they have campaigned against international tax havens like Switzerland to fight tax dodging and money laundering.

A Progressive Estate Tax

In the year 2014, the U.S. has by far the most unequal distribution of wealth and income of any major country on earth.

Millions of Americans in Canada downplay links to Uncle Sam

With the Canadian government’s decision to comply in July with a Washington tax crackdown on “U.S. persons” around the world, many Ameri-Canadians are feeling rising anger, fear and even hatred toward their powerful country of origin.

CFTC Concerned Over Big Banks Transferring Trading Operations Offshore

The Commodity Futures Trading Commission is wary of banks invoking guarantees on foreign swap deals, and is taking steps to scrutinize such activity

Film Says Corporate Tax Avoidance Clouding Modern States

While the practice of corporate “inversion” may be generating headlines in the business world, a new documentary argues the larger issue of tax avoidance has become a major subversion of the global order.

Accounting firm Baker Tilly merging with ParenteBeard

Combined firm further strengthens presence in Northeast Corridor, bolsters industry and service specialization strategy

Tax firm to revive Arthur Andersen name

A San Francisco-based tax-consulting firm run by former Andersen partners is buying the rights to the Andersen name and plans to rename the firm Andersen Tax.

Companies find other ways to move offshore and avoid U.S. taxes

Some firms have left the U.S. system not through inversions but through buyouts by investment funds

Arthur J. Gallagher & Co. Completes Acquisition Of Baker Tilly's Employee Benefits Business

Arthur J. Gallagher & Co. today announced that it has completed the acquisition of the assets of Baker Tilly's Employee Benefits Solutions business.

Expatriate Tax Sense or Broad-Brush Overreach: The U.S. Foreign Account Tax Compliance Act

An effort to control tax havens for those hiding their assets overseas has resulted in broad brush impacts on hard-working expatriate Americans living and working out of country.

Thomson Reuters Launches Checkpoint Learning Tax Research Certificate Program for Tax Professionals

Thomson Reuters today announced the launch of a new Checkpoint Learning Tax Research Certificate Program.

Microsoft The Latest in Offshore Tax Evasion Club

“I don’t care if it’s legal; it’s wrong,” Obama has said

Fox Rothschild adds tax/wealth planning partner

Fox Rothschild employs 28 lawyers at its downtown Pittsburgh office.