FBAR Deadline April 17, 2018
On the matter of filing the FBAR, the U.S. Treasury’s Financial Management Services provides the…
Michael NelsonApril 6, 2018
Creation of the U.S. Passport Denial and Revocation
Under a law passed by Congress in 2015, the Department of State is required to…
Michael NelsonJanuary 23, 2018
UPDATE: US: Passport revocation is now under way
The Internal Revenue Service (IRS) has formally announced its intent to start enforcing its passport…
Michael NelsonJanuary 23, 2018
Time to Come in From Out in The Cold
One wonders whether it is beneficial to remain out of the U.S. Tax Return filing…
Michael NelsonJanuary 2, 2018
Year End Tax Planning
Year End Tax Planning: You may have to report information about foreign financial assets and…
Michael NelsonDecember 20, 2017
Comparison of House and Senate Versions of Tax Reform Bill
While none of us know what the ending tax bill will look like, here is…
Michael NelsonNovember 17, 2017
Be Careful When Revising a Trust
Margaret Chappell created a trust in 2010 and amended it three times before succumbing to…
Michael NelsonNovember 3, 2017
Being current with the I.R.S. on past tax filings is not your only concern
Recently, my office has seen a marked increase in the number of U.S. Citizens/Green Card…
Michael NelsonOctober 23, 2017
Recent Coinbase Communications between Congress and the Internal Revenue Service on the John Doe Summons
INTRODUCTION: On May 17, 2017, less than 2 months ago, powerful members of the U.S.…
Michael NelsonOctober 23, 2017
New Due Date for FBARs, April 18, 2017!
Although I have reminded my clients many times that the historical due date for filing…
Michael NelsonApril 8, 2017
About Us
Michael B. Nelson
The Law Office Of Michael B. Nelson, Inc. Continues To Assist Foreign Financial Institutions, FFI, And Their Customers Who Fall Under The Rules Of The Foreign Account Tax Compliance Act, FATCA; Additionally Providing Guidance Concerning The Treatment Of Financial Institutions Located In Jurisdictions That Have Signed Intergovernmental Agreements For The Implementation Of FATCA (IGAs) But Have Not Yet Brought Those IGAs Into Force.