
IRS Cannot Enforce International Tax Forms? For Now, Maybe.
The U.S. Tax Court, in Farhy v. Commissioner, recently came down with a huge win for taxpayers facing penalties for not filing some international tax

Establishing California Residency and Tax Burdens: Managing Partner Josh Maxwell Discusses with Mexico-based Media
Establishing California Residency and Tax Burdens: Managing Partner Josh Maxwell Discusses with Mexico-based Media There are differences in what California residents and non-residents who earn

International Tax Attorney Josh Maxwell Provides Tax Season Recommendations in Mexico News Reports
Foreign U.S. taxpayers are at greater risk for IRS audits and must be prepared, Hone Maxwell LLP Managing Partner Josh Maxwell said recently in multiple

Tax Treaty Benefits for U.S. Investments
As expected, a foreigner investing in a U.S. business may be subject to U.S. taxes. Sometimes, when receiving the profits, the investor may be surprised

California Taxing Income of Non-California Spouse – Community Property
California and the Franchise Tax Board appear to have a new target on their radar – situations where one spouse lives in California, one spouse

Who is a U.S. Person – Estate Tax vs. Income Tax
As families and the economy continue to become more globalized, it is increasingly common for people around the world to have investment, business, or familial

Ensuring Compliance: Tips for International Taxpayers to Consider this Tax Season
With tax season underway, now is the time to ensure compliance when it comes to your income tax returns. Last year, over 650,000 federal tax

Form 5471 and Form 5472: Possible First-Time Penalty Abatement
On December 7, 2022, the IRS made changes to their procedures for First-Time Abatement (FTA) of certain international penalties linked to Form 5471 and Form

2023: HMLLP Increases Focus in Mexico
By Managing Partner, Josh Maxwell 2023 starts two quests: A professional quest for Hone Maxwell LLP to become the premier firm for cross border tax,

Hone Maxwell LLP: Looking Forward, Looking Back
As we reach the end of 2022, we are looking back at all the great changes for Hone Maxwell LLP that came in the past

Claudia Ignacio Honored by San Diego La Raza Lawyers Association
Hone Maxwell LLP Associate Attorney Claudia Ignacio was recognized for her service to the San Diego La Raza Lawyers Association with the organization’s 2022 President’s

IRS Seeks To Issue More Transfer Pricing Penalties: How to Ensure Compliance
IRS officials recently announced an expected increase in the total number of penalties assessed against multi-entity corporations involved in transfer pricing. Historically, these penalties have