We know more and more people that are getting scammed out of thousands and thousands of dollars by criminals posing as IRS agents via telephone or email. Don’t fall for their tactics! Here are some facts about how the IRS communicates with taxpayers: The IRS doesn’t normally initiate contact with taxpayers by email. The agency […]
Taxpayers — Beware of IRS Scammers Read More »
We were pleased to have an article written by Marc Schwartz published in the May-June 2018 issue of the Georgia Society of CPAs Current Accounts magazine. The article – “Implications of the International Tax Provision” – summarizes the recent federal international tax reform and its impact in Georgia. Read and share the article: https://www.gscpa.org/Content/Files/Pdfs/Current%20Accounts/M.Schwartz_MayJun18.pdf
International Tax Reform’s Impact on state of Georgia Tax Read More »
Marc Schwartz was pleased to participate in the March 21, 2018 panel on international tax reform sponsored by Taylor English. Marc spoke alongside Vivian Hoard, an experienced tax litigator with Taylor English, and Iliana B. Malinov, a partner with HLB Gross Collins, P.C. Vivian moderated as Iliana and Marc focused on the practical implications
Marc Schwartz Participates in International Tax Talk Read More »
Taking a break to catch their breath from the busy tax season, the Schwartz International team participated in a CPR/AED training to become certified by the American Red Cross. We enjoyed an energetic and informative 2-hour class with CPR instructor, Marguerite Rippy. Marguerite, who is also a personal trainer [“Ladies And Guys In Motion Personal
Schwartz Sintl Gets CPR Certified! Read More »
Paul and Marc have some issues with the EU’s blacklist. Internal inconsistencies and policy questions abound. This article sheds some light and questions why some jurisdictions are / are not listed. PT MLS Article – EU Blacklist Global-Tax-Weekly_March 8 Please feel free to call on Schwartz International for any of your international tax (individuals or
The European Union’s Blacklist — Inconsistency At Work — What’s wrong with Trinidad?! Read More »
By Marc Schwartz So naïve of me. When will I learn? When Congress passed the December 2017 tax legislation, it created such complexity that my head still hurts. Focusing on the international provisions didn’t reduce the complexity. While I’ll get to the point in a minute, I still feel somewhat bad for the IRS.
New Guidance on Forced / Deemed Repatriation Under IRC Section 965 Read More »
by Marc Schwartz Prior law focused on and impacted members of international groups and some real estate investment trust (“REITs”). We’ve long had to consider whether business interest expense is deductible, but outside the REIT environment, IRC §163(j)’s earnings stripping rules generally applied in a global structure. These rules limited a corporation’s interest deductions
How the Tax Reform Limits Your Interest Deductions Read More »
In Notice 2018-07 (“Notice”), the IRS has moved quickly to provide preliminary guidance under Internal Revenue Code Section (“§”) 965, as amended by “An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018,” P.L. 115-97, enacted on December 22, 2017. We’re impressed by
International Tax Reform 4.0 – Transition Tax on Foreign Earnings – New Guidance Read More »
The more we read the new tax law and know our clients and other advisors expect us to be able to explain the policy and the details, the more we want to throw our arms up in the air and go on vacation – a long enough one so by the time we get back
International Tax Update 3.0 Read More »
By Paul Tadros and Marc Schwartz — Schwartz International Let’s get something straight. Our last blog rated the latest tax bill as Two Thumbs Down and concluded that America deserves better. We do deserve better. Upon reflection, we think the law is a net positive; however, there are substantive complexities which will invariably result
International Tax Update 2.0 Read More »
Contact us today to discuss how we can assist with your international tax and legal matters.
