For several years the IRS has made it known that international tax and reporting is a top priority. Additionally, taxpayers and professionals have assumed information gathered under FATCA reporting would be used for enforcement. As we enter 2018, these two thoughts are no longer assumptions and are more evident than ever. The IRS Criminal Investigation […]
The Tax Cuts and Jobs Act took effect on January 1, 2018. While there were many changes, below are some of the key points: Individual Tax: The new tax bill made significant changes to the federal income tax brackets. The most notable was the highest marginal tax rate was reduced from 39.5% to 37%, including […]
The “Tax Cuts and Jobs Act” made significant changes to individual and corporate taxes. In estate and gift taxes, the most significant change was the temporary increase of the estate, gift and GST tax exemption. The act doubled the unified estate, gift and GST exemptions from $5.49 million to $11.2 million per person. Therefore, for […]
Hone Maxwell LLP Partner Josh Maxwell recently finished a trip through Hong Kong and India meeting with contacts, colleagues and clients. Additionally, Mr. Maxwell made presentations with the Hong Kong Institute of CPAs, the International Fiscal Association – Hong Kong Division, and several private presentations for law firms and clients. Hone Maxwell LLP would like to extend a sincere thank you to all our overseas friends that welcomed Mr. Maxwell, provided a venue, and who are looking towards the future in building a relationship with Hone Maxwell LLP to assist clients with transpacific business.
Hone Maxwell LLP Partner Josh Maxwell will be in Hong Kong in January to make presentations to the Hong Kong Institute of CPAs and the International Fiscal Association. For more information click below: IFA – January 8th, 2018 HKICPA – January 9th, 2018
As the Unified Gift and Estate exemption is now $5.49 million per person, is there still a need for a living trust or estate plan? There are many reasons for a comprehensive estate plan other than to save estate taxes. Below are just five of these reasons how a good estate plan can be beneficial […]
Hone Maxwell LLP Partner Josh Maxwell and Associate Attorney Aaron Li have been published in the Hong Kong based Asia Pacific Journal of Taxation with an article detailing recent developments with FATCA, OVDP, and IRS enforcement. Please click below for the full article.
Josh Maxwell, Partner at Hone Maxwell LLP, was published in the STEP Hong Kong newsletter regarding investing in U.S. property
Josh Maxwell, Partner at Hone Maxwell LLP, was published in the STEP Hong Kong newsletter regarding investing in U.S. property. This article is excellent information for any foreigners who would like to invest in U.S. real estate. http://www.step.org/sites/default/files/Branches/hongkong/newsletters/Dec16/Foreign_investment_in_US_property_Maxwell.pdf