Foreign Trusts and Foreign Gifts: What U.S. Taxpayers Need to Know
Receiving a foreign gift, inheritance, or trust distribution may not trigger U.S. tax, but it can create reporting obligations that taxpayers should understand before funds…
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Receiving a foreign gift, inheritance, or trust distribution may not trigger U.S. tax, but it can create reporting obligations that taxpayers should understand before funds…
Early decisions around timing, structure, and cross‑border financial activity can meaningfully shape tax outcomes—creating opportunities to reduce exposure, preserve flexibility, and avoid costly surprises later.
A federal court ruling may allow some taxpayers to recover interest and penalties paid during the COVID-19 disaster period. The decision clarifies how suspended tax…
Understanding the U.S. Market Entry Process for Life Science Companies For foreign life sciences companies, the decision to establish a presence in the United States…
The One Big Beautiful Bill Act (OBBBA), enacted in July 2025, introduces broad changes to international tax rules. These adjustments will affect U.S. corporations with…
Foreign companies entering the U.S. have a lot to consider from a tax, accounting, and legal perspective prior to commencing operations in the U.S. Because…
This article has been updated. AAFCPAs would like to make clients aware of a significant new requirement related to Canada customs. The Canada Border Service…
Cybercriminals are looking for ways to capitalize on tax season, with scams on the rise as businesses and individuals prepare to file returns. This means…
Year-End Business Tax Planning In this live webinar, AAFCPAs’ Business Tax Advisors covered Federal, State, and International tax planning strategies for privately held businesses. Listen…