Category: Articles

If you and your family are thinking of joining the globalization trend and moving to the United States, have you asked yourself these questions:

What are some of the tax considerations for non-US families making US investments?
What are the potential issues for US families making investments in foreign countries?
… Read More..

The new legislation on money changers and financial service providers is expected to be enacted in the coming weeks. The law intends to institutionalize the activities of financial service providers in Israel and to specify their area of operation. The new law creates much confusion and lack of clarity since … Read More..

As the world becomes increasingly globalized and cross-border activities become the norm, tax administrations of different countries need to work together to ensure that taxpayers pay the right amount of tax to the right jurisdiction.  To assist with this effort, the Convention on Mutual Assistance in Tax Matters (“the Convention”) … Read More..

Foreign investors can minimize the tax hit on property purchases but good advice and a lot of paperwork is needed.

If you live in Tel Aviv and want to buy a home in Miami for your daughter while she goes to University, you have a lot more to think about than … Read More..

Establishing a foreign corporation to buy and own U.S. real estate remains a legitimate basic planning tool that international buyers might wish to consider.
Taking title in offshore companies provides several benefits. First, it allows a foreign buyer to avoid the federal estate tax and the necessity of a domestic probate … Read More..

Real estate investment trusts (“REITs”) have been around for more than fifty years. First established in the US by the US Congress in 1960 to allow individual investors to invest in large scale, income-producing real estate. REITs were introduced in Israel in 2006.  REITs provide a way for individual investors … Read More..

Donald Trump’s election, and the continuing control of Congress by the GOP, are expected to bring about tax law changes for individuals and businesses.  Throughout his campaign, President-elect Trump promised to take up tax reform, including reduced income tax rates, expanded tax breaks for families, and the repeal of the … Read More..

Several popular celebrities in the U.S. have been saying that they will move out of the U.S. if the election does not go their way. “Breaking Bad” star Bryan Cranston says he will “absolutely” move to Canada if Donald Trump is elected President on November 8. Cranston joins other celebrities, … Read More..

Since the launch of Indiegogo, one of the largest networks for entrepreneurs, we have seen many small businesses and entrepreneurs flourish and benefit from the aid of this industry. However, being successful in startup fundraising via crowdfunding is not as easy as it seems. It comes with a lot of … Read More..

The IRS estimates that more than 7 million individual taxpayers didn’t file a 2014 tax return. The IRS bases this estimate on information statements it received for taxpayers who should have filed but didn’t.

For those individual taxpayers that don’t file yearly information returns, the consequences can be severe. The IRS … Read More..