by Mark Wisniewski | Apr 15, 2016 | Blog, Real Estate, Tax Advice & Controversy
PART II — What are the U.S. Tax Implications? Prospective foreign purchasers of real estate situated in the U.S. should pay careful attention to the U.S. tax ramifications of their acquisition. In particular, the manner in which rental income or sale proceeds...
by Mark Wisniewski | Mar 15, 2016 | Blog, Tax Advice & Controversy
A 2008 Senate report revealed an annual revenue loss of $100 billion attributable to the use of undisclosed offshore bank accounts by U.S. taxpayers for purposes of evading U.S. taxes. That same year, the Tax Division of the U.S. Department of Justice (“DOJ”) launched...
by Mark Wisniewski | May 15, 2013 | Blog, Estate Planning & Probate
A “disregarded multi-member limited liability company” (“Disregarded MM LLC”) is a multi-member limited liability company for state law purposes but is disregarded as an entity separate from its owner for federal income tax purposes. All of the members of the...
by Mark Wisniewski | Feb 19, 2013 | Blog, Estate Planning & Probate, Planning for High Net Worth Families with Closely Held Business, Tax Advice & Controversy
In the wake of the media hype surrounding the fabled “fiscal cliff”, Congress and the President have passed the American Taxpayer Relief Act of 2012 (the “Act”). To assist you in understanding the implications of the Act, the following is a brief yet comprehensive...
