On October 28, 2024, the U.S. Internal Revenue Service (IRS) issued Notice 2024-78 which allows certain Model 1 Foreign Financial...

The IRS announced the Public Key for FATCA filing will expire on November 1, 2024. For those financial institutions (FIs) who submit...

The Bahamas Competent Authority announced the FATCA and Common Reporting Standard (CRS) portal will open for FATCA and CRS registration...

Changes are being made to the bar exam which will result in the elimination of wills and trusts as a test subject. These changes will...

In July 2024, the U.S. Internal Revenue Service (IRS) announced that it updated the FATCA Registration System to enhance security. For...

On June 27, 2024, the U.S. and Switzerland signed a new FATCA agreement changing Switzerland from a Model 2 IGA jurisdiction to Model 1...

The British Virgin Islands International Tax Authority (BVI ITA) posted the video from its live June 5, 2024 program for custodial...

June 15, 2024 is World Elder Abuse Awareness Day. How are you protecting your loved ones and clients from elder financial exploitation?...

BVI Posted CRS Video The British Virgin Islands International Tax Authority (BVI ITA) posted the video from its live February 2024...

The British Virgin Islands International Tax Authority (BVI ITA) previously announced its BVI Financial Account Reporting System...

On March 1, 2024, a U.S. federal district court held in a 53 page opinion the “Corporate Transparency Act is unconstitutional because it...

On January 29, 2024, the U.S. Financial Crimes Enforcement Network (FinCEN) announced it is seeking comments on two aspects of the...

The British Virgin Islands International Tax Authority (BVI ITA) announced its BVI Financial Account Reporting System (BVIFARS) payment...