Category Archives: International Tax Compliance

Do you have International Tax Compliance questions? Call Yana N. Weaver at LSL CPAs at 949.829.8299 for immediate answers.

International Tax Expert Helps Irvine Software Company Avoid $70,000 In Potential IRS Failure to File Penalties
November 11, 2013

When an Irvine software company contacted LSL CPAs for help, their IRS Form 5471 tax...

Export Tax Incentive For Small To Mid-Sized Companies, IC-DISC Can Save Clients Money
October 17, 2013

Why don’t more international companies take advantage of the IC-DISC (Interest-Charge Domestic International Sales Corporation)...

The Challenge Of State Taxation Agencies For Foreign Entities Doing Business In The United States
August 28, 2013

Foreign entities expanding their business interests into the United States are often caught off guard...

Even Past The Treasury Department Filing Deadline, LSL CPAs Can Help With Annual Reporting Of Foreign Bank And Financial Accounts – FBAR
August 9, 2013

Despite the passing of the June 30th filing deadline, the international tax experts at LSL...

CAR Survey Reveals A Rise In Foreign Real Estate Investment In California, Resulting In Potential IRS Tax Issues And Problems
August 7, 2013

As foreign buyers make up a quarter of the people buying and selling real estate...

If Only 25% Of A Company Is Under Foreign Ownership, IRS Form 5472 Must Be Filed With Full Disclosure
August 5, 2013

CPAs without international tax experience too often overlook IRS Form 5472, leading directly to problems...

IRS Form 3520 Annual Reporting Of Transactions With Foreign Trusts and Certain Foreign Gifts – Who Is NOT Required To File IRS Form 3520 (Part 2)
July 5, 2013

The international tax experts at LSL CPAs provide an update on IRS Form 3520 and...

IRS Form 3520 Annual Reporting Of Transactions With Foreign Trusts And Certain Foreign Gifts – Who Is Required To File IRS Form 3520 (Part 1)
June 27, 2013

The international tax experts at LSL CPAs provide an update on IRS Form 3520 and...

The Challenge Of Filling Out IRS Form 1042-S (Part 4)
June 12, 2013

The international tax experts at LSL CPAs understand that filling out Form 1042-S can be...

In An Effort To Catch Tax Evaders Using International Tax Shelters, IRS Sharing Information With The United Kingdom And Australia
May 23, 2013

To catch tax evaders employing international tax shelters, the United States announced a collaborative effort...

The Challenge Of Filling Out IRS Form 1042-S (Part 4)
May 17, 2013

Part 4 of the 5-Part Series on 10 basic errors made when filling out IRS...

Mexico’s House of Representatives Reforms The Fideicomiso Law And Votes To Allow Foreigners To Own Beach Property
May 12, 2013

On April 23rd, 2013, Mexico’s House of Representatives changed the fideicomiso law and voted to...

The Offshore Voluntary Disclosure Initiative (OVDI) And Making Sure Your International Accounts Are In Compliance With The IRS
February 27, 2013

On account of US federal budget shortfalls, the IRS is zeroing in on individuals with...

The Challenge Of Filling Out Form 1042-S Part 3
February 20, 2013

Filling out Form 1042-S can be intimidating. In fact, the process is so challenging that...

The Challenge Of Filling Out Form 1042-S Part 2
February 13, 2013

Filling out Form 1042-S is so challenging that the IRS has an entire page on...