check out our 
Many businesses today have some international transactions. Many U.S. businesses even have operations in foreign countries–which may include ownership of entities, operations, or just sales. Our tax laws include several provisions that require U.S. taxpayers to report most of these foreign business interests and activities. These filings are mostly made by filing various information returns.… Continue reading IRS Cannot Assess Foreign Information Return Penalties
The post IRS Cannot Assess Foreign Information Return Penalties appeared first on Houston Tax Attorneys | Mitchell Tax Law.