From Accounting Today, Michael Cohn reports that the IRS Issues FATCA Guidance on Reporting Interest Paid to non resident Aliens
The Internal Revenue Service has issued final regulations and guidance on reporting interest paid to nonresident aliens, along with a revenue procedure listing the countries with which the U.S. has a bilateral exchange of information agreement. Continue reading
Just a quick note to draw your attention to Michael Cohn, of Accounting Today who has been polific in writing about FATCA and offshore tax issues.
He is in the league with Robert Wood at Forbes in providing consistently good articles on the issues at hand. Here are the two links to the two new stories today…
Taxpayers Strained by New FATCA Requirements
NYC CPAs want IRS to clarify FATCA Reporting
I always try to comment if I have the time when I see his stories for the reasons I have explained elsewhere…
Another interesting article by Michael Cohn at Accounting Today. We have a couple “Fair Share Acts” in play in the Senate and the House, that all of us should be keeping our eyes on. Continue reading
Michael Cohn continues to put up interesting and good stories on Accounting Today. If you are like me, I never thought I would be reading a publication like this. I never took an accounting class in my life. I basically hate numbers analysis, but can do it if I have too! That is just another drudgery… The Drudgery of the Numbers. Anyway here is the link to the story for your weekend reading. Continue reading
