irstaxlitigation Blog

President Trump filed for an extension on his 2016 tax return

A White House spokesperson has confirmed that President Donald Trump filed for an extension on his 2016 tax return. The president has refused requests to release his previous returns and has made conflicting statements in regards to whether or not he ever intends to release them. During one interview, he stated that he had no […]

New FBAR Filing Date and Extension

U.S. taxpayers with more than $10,000 in a foreign financial account at any time during the calendar year are required to report foreign financial interests on Financial Crimes Enforcement Network (FinCEN) Form 114, Report of Foreign Bank and Financial Accounts (FBAR). Since the financial crisis in 2008, the government has increased its attention to overseas […]

Frost & Associates, LLC wins What’s Up? Magazines Best Of Contest

June 1, 2017 – Washington, D.C based law firm Frost & Associates, LLC has won What’s Up? Magazine’s Best of Eastern Shore, West County and Annapolis for the 2017 Reader’s Poll for ‘Best Tax Attorney’. The firm focuses their practice on estate planning and administration, tax planning, business law, tax controversy and litigation, international tax […]

ACA Letter To IRS Commissioner Concerning Private-Sector Debt Collection

On May 5th Glen E. Frost wrote a letter, on behalf of the American Citizens Abroad, to IRS Commissioner John Koskinen in regards to private collection firms based in the United States collecting debts of U.S. taxpayers with foreign addresses. The ACA stands behind the belief that U.S. citizens living overseas should not be subject […]

Do I Need a Trust?

Our estate planning clients commonly ask us whether they need living trusts. The answer is almost always “No.” “Need” is a strong word. There are, however, several factors to consider in determining whether a trust could benefit you. A revocable living trust, commonly known as a “living trust,” “revocable trust,” or “RLT” is essentially an […]

Read This If You Need An Extension to File Your Taxes

This year’s tax-filing deadline of April 18 is right around the corner. If you have put filing your taxes at the bottom of your to do list, you may be eligible to get a six-month extension from the IRS by submitting a “free extension to file” request. Requesting an extension will provide you with an […]