Feature Article 
Foreign Corporations, Form 5471, and the Perils of Offshore Noncompliance
Form 5471 is required to be filed by United States (U.S.) persons—citizens, resident aliens, domestic partnerships, and corporations, and certain estates and trusts—who are officers, directors, or 10... Manasa Nadig, EA
Spring 2026,
Feature Article,
FBAR, Schedule C, GILTI, Schedule E, Form 8938, Form 926, Form 5471, Form 3520, Form 3520-A, fair market value, Schedule A, CDP, §965, controlled foreign corporation, CFC, Schedule I, FMV, Schedule F, Schedule B, Farhy v. Commissioner, §6038(c), foreign corporation, offshore noncompliance, §6679, §6046, §6038B(c), §318, Treas. Reg. §1.6046-1(i), §958(a), §958(b), Schedule G, §6013, Schedule H, Schedule M, Schedule O, Schedule P, Schedule Q, Schedule R, §6677, Raj J. Mukhi
Supreme Court
U.S. Supreme Court to Consider Constitutionality of Repatriation Tax: Moore v. United States
The United States Supreme Court will consider the constitutionality of Internal Revenue Code (IRC) §965, which mandated the repatriation tax on previously untaxed income from controlled foreign corporations (CFCs). Rita M. Ryan, JD