Court Authorizes IRS to Issue Summonses to Discover U.S. Taxpayers with Offshore Bank Accounts in Belize
A federal court in Miami entered an order last week, September 16, 2015, authorizing the…
Michael NelsonSeptember 21, 2015
Renouncing U.S. Citizenship may not end your U.S. Tax Concerns:
Renouncing U.S. Citizenship may not end your U.S. Tax Concerns: Effective for renounced US Citizenship…
Michael NelsonSeptember 15, 2015
U.S. Citizens, Green Card Holders, and U.S. Residents with Foreign Assets may not be done with FATCA Filing Requirements for this Year!
Form 114: By now, most of us that fall into the above titled category for…
Michael NelsonJuly 13, 2015
Finally a Totalization Agreement between Brazil and the United States
WHAT DOES THIS MEAN TO YOU? Finally a Totalization Agreement between Brazil and the United…
Michael NelsonJuly 9, 2015
FATCA Reporting Deadline June 30, 2015
Deadline Notice: The Foreign Account Tax Compliance Act (FATCA) filing deadline for the Report of…
Michael NelsonMay 26, 2015
Alert to Americans who Retained the Services of Sovereign Management & Legal, LTD.
U.S. District Judge Vernon S. Broderick recently signed an order in Manhattan federal court authorizing…
Michael NelsonFebruary 27, 2015
Streamlined Guidance Under the Voluntary Disclosure Programs of FATCA
INTRODUCTION You will note from my several earlier articles on the Federal Government’s Offshore Voluntary…
Michael NelsonFebruary 10, 2015
Update on a Former Client of UBS AG Bank in Switzerland
As you probably know and understand, the wheels of government are slow, methodical but exacting.…
Michael NelsonFebruary 10, 2015
Now is the Time to Face the Question, Do you have a Foreign Bank Account?
Now is the Time to Face the Question, Do you have a Foreign Bank Account?…
Michael NelsonFebruary 10, 2015
Bank Leumi Admits to Assisting U.S. Taxpayers in Hiding Assets in Offshore Bank Account
A major Israeli international bank admitted that it conspired to aid and assist U.S. taxpayers…
Michael NelsonFebruary 4, 2015
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.