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Increased Scrutiny of Foreign Accounts is Fast Becoming a Reality
Posted by Kristen Shepley on Wed, Oct 3, 2012 @ 09:13 AM

U.S. Department of Treasury Releases Model Intergovernmental Agreement on Foreign Asset Reporting

Agreement Works to Prevent Tax Evasion

The U.S. Department of the Treasury has issued a model intergovernmental agreement to implement the information reporting and withholding tax provisions of the Foreign Account Tax Compliance Act (FATCA). The provisions are intended to combat offshore tax evasion, and they require foreign financial institutions (FFIs) to report to the IRS information about certain financial accounts.  

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Topics: FATCA, Kristen Shepley, tax, tax-exempt, IRS, FSA Assessment, Foreign asset reporting

Department of Education Unveils Key Financial Aid Changes, Helpful Tools for Administrators
Posted by Jon Dorant on Fri, Mar 9, 2012 @ 10:02 AM
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Topics: compliance, Department of Education, Federal Student Aid administration, satisfactory academic progress, FSA Assessment

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