Author Archives: Yana Weaver

ITIN expiration – What foreign nationals and business owners need to know

First a bit of context to make certain that you are in the affected group....

Do Your Homework Before Tapping the U.S. Market

For foreign companies looking to develop a presence and operate in the U.S., the payoff...

How Importers and Exporters Benefit from Trade Agreements

Existing businesses go abroad for one or both the following reasons: To maximize profits and sales To...

OC Real Estate: Still a Safe Haven for Foreign Investors

Over the past five years, the US has experienced an influx of foreign capital being...

Basic Differences Between A Common Law System And A Civil Law System In Terms Of Contracts And Business

Common law and civil law systems affect how business is conducted within a country’s specific...

6 Proven Approaches for Doing Business with Different Cultures

It is challenging to do business abroad with people from different cultures. If you enter...

Paid Vacation & Holiday Benefits – Differences Between The U.S. And Other Advanced Economies

When it comes to doing business in multiple countries, it’s important for both employers and...

A User Friendly Guide to Worldwide and Territorial Taxation

A government’s tax base is the lifeblood of any government. While it is their job...

Obama Determined to Preserve U.S. Status as Premier Investment Destination

Before President Obama stepped into the White House, foreign investors have contributed to U.S. prosperity...

Kuwait, United Arab Emirates And Qatar Signing Of FATCA Accord Signals End To Middle Eastern Resistance

The signing of the FATCA accord by Kuwait, Qatar and the United Arab Emirates signals...

IRS Foreign Tax Credit Compliance Issues And Why You Need The Help Of A Foreign Tax Consultant (Part 2)

IRS foreign tax credit compliance issues are a literal maze of complexity. As explained in...

National Taxpayer Advocate Critical Of IRS Offshore Disclosure Programs And Resulting FBAR Penalties

As a vocal advocate for taxpayer rights, the National Taxpayer Advocate Nina Olson has strongly...

Unreported Foreign Bank Accounts Post-FACTA Lead To IRS Revelations And Criminal Convictions

Unreported foreign bank accounts are trouble in the 21st Century. After the adoption of FACTA...

3 Reasons Why LSL CPAs Tax Team Recommends FBAR Reporting Of Foreign Financial Accounts

The international tax team at LSL CPAs wants to make it perfectly clear to our...

Following The Bahamas & Barbados, Trinidad And Tobago Now FATCA Compliant

Following in line with the Bahamas (November 3) and Barbados (November 17), Trinidad and Tobago...