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U.S. Taxpayer Sentenced to Prison for Concealing Bank Accounts in India and Dubai
U.S. Taxpayer Sentenced to Prison for Concealing Bank Accounts in India and Dubai Joseph Ruppe, CPA Senior Manager WithumSmith+Brown New York, NY On July 8, 2014, The U.S....
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Florida Resident Admits to Hiding $1.1 Million in Bank Accounts Nicknamed ‘Hot Lips’ for 25 Years
Florida Resident Admits to Hiding $1.1 Million in Bank Accounts Nicknamed ‘Hot Lips’ for 25 Years Bernard Kramer, an 83-year old man from Delray Beach, Florida plead guilty to hiding...
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Seven “Must See’s and Do’s” While in Sydney, Australia
Seven “Must See’s and Do’s” While in Sydney, Australia ECHO POINT/SCENIC WORLD – Approximately a two-hour bus ride from Sydney’s Central Business District (CBD), the Blue Mountains are a magical...
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New Exception to PFIC Reporting for Mark-to-Market Taxpayers
New Exception to PFIC Reporting for Mark-to-Market Taxpayers The IRS recently announced in Notice 2014-51, 2014-40 IRB that certain Mark-to-Market (“MTM”) taxpayers will be exempted from PFIC reporting rules, effective...
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Act 22 of Puerto Rico Creates a Tax Haven for Americans
Act 22 of Puerto Rico Creates a Tax Haven for Americans Puerto Rico is a beautiful island with many natural wonders, but it also has one very “unnatural” quality that...
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Israel 1: My Birthright
Israel 1: My Birthright This summer, I had the incredible opportunity to travel to Israel for 10 days through Taglit-Birthright. The Taglit-Birthright Foundation is a 501(c)(3) non-profit organization that provides...
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Israel 2: Fun Facts
Israel 2: Fun Facts Israel is the size of New Jersey, but instead of miles and miles of the Turnpike, Israel has miles and miles of desert. Always carry water...
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Israel 3: Tour of Tzfat
Israel 3: Tour of Tzfat Tzfat is considered one of the holiest cities in the world. It is the center of the Kabbalah, a form of Jewish mysticism, and seems...
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Israel 4: Jerusalem and the Western Wall
Israel 4: Jerusalem and the Western Wall The view of Jerusalem from Mount Scopus is quite amazing. If you find yourself in Jerusalem, you need to make your way to...
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Israel 5: Masada – My First Bar Mitzvah
Israel 5: Masada – My First Bar Mitzvah Masada (Hebrew for fortress) is one of Israel’s most popular tourist attractions. Now a national park, Masada was once an ancient fortress...