John Dundon

When it comes to international tax compliance, the US is a sought after tax haven for non-US Taxpayers. Money just tends to quietly flow into the USA—ALL THE TIME!

For non-US taxpayers the line is blurred at best between ‘investing’ in the US and ‘sheltering’ assets from foreign taxation by ‘hiding’ those assets in the US. This is a direct result IMHO of the seemingly random and varied Limited Liability Company (LLC) regulations governed at the state level and taxed at the federal level.

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John Stancil

When is a tip not a tip? According to the IRS, “when it is a service charge.” Under rules effective January 1, 2014, the IRS has redefined the terms “tip” and “service charge” for tax purposes. Under these rules, restaurants that charge an automatic percent charge for large parties may no longer treat these amounts as tips. Read More

We want to provide you with important tax dates and tax deadlines during 2016. Keep this list for reference throughout 2016! Check the list to ensure you have met all tax filing obligations for these dates.

January 15, 2016

January 15th is the tax deadline for self-employed people and for others who pay quarterly estimated tax to pay their 4th quarter 2015 tax payment.

 January 19,  2016 Read More

Peter Scalise


The Internal Revenue Service (hereinafter the “Service”) issued on March 24 of 2016 their Announcement 2016-14 addressing the transition period implementation dates in connection with the recently revised Form 3115 entitled “Application for Change in Accounting Method which was most recently revised and released to the public in December of 2015. This presents a paradigm shift as while most tax forms and publications are updated annually, this was the first update to Form 3115 since December of 2009. Read More