U.S. President Barack Obama has made the case that whoever wins the upcoming election will face an economy still recovering from the “worst economic calamity since the Great Depression” and many Americans will still be looking for jobs and lacking financial security.
Notorious for its tight capital controls and glacially paced market reforms, India has now displeased foreign investors with a bevy of new taxes proposed recently in the Finance Bill 2012. The international media wasted no time in drawing attention to the widespread concern for, and reconsideration of, the costs and benefits of investing in India. […]
As I completed my tax return last month, I found myself amazed at how much the preparation and filing processes have changed since I first became a filer.
In August, Warren Buffett challenged the U.S. government with his claim that the rich, himself included, “have been coddled long enough by a billionaire-friendly Congress.”
The U.S. investment reporting rules just got a whole lot more stringent. The IRS has been relentless in going after U.S. citizens owning foreign assets.
As the deadline approaches, efforts are mounting to make tax filing experience a little less burdensome for do-it-yourselfers.
With the 2011 income tax deadline approaching, your clients are looking for ways to keep money in their pockets. The question is: Have they planned ahead, and are you prepared to help?
Make sure clients know the tax implications of overstaying
The so-called “new normal” of ultra-low interest rates continues to lay waste to long-standing investment practices.
When my friend from the private banking division called to refer a new immigration tax client to me and said it was important to make time to see him within 24 hours because he was only here a short time before returning home, I sensed an upcoming formidable challenge.