If you've been following the saga of beneficial ownership information (BOI) reporting under the Corporate Transparency Act (CTA), here's an update worth paying attention to: Congress is making a move to permanently eliminate the requirement for domestic companies.

You already know audits are a numbers game — the IRS targets returns where the revenue potential justifies the cost of examination. What that means in practice: as your income scales, so does your audit exposure. The question isn’t whether to take deductions. It’s whether your positions are structured to survive scrutiny without giving the IRS a foothold to expand the scope. Here’s what audit-proofing actually looks like at the high-income level — beyond the basics. Know What

If you hold a foreign bank account, own international investments, or have financial ties outside the United States, you’ve probably heard the terms FBAR and FATCA — sometimes used as if they mean the same thing. They don’t. Understanding the difference matters, because each has its own form, its own deadline, its own threshold, and its own set of penalties for non-compliance. We know — you've heard about FBAR and FATCA before. But there's a reason we keep coming back to this