Law firms can face significant consequences for mismanagement of trust accounts. Review this criteria to check whether you have the proper controls in place at your firm.
Download this checklist for eight specific items to consider.
Does your U.S. business have customers, locations, suppliers or employees outside the U.S.? Or, do you have a foreign business with operations in the U.S.? If the answer is yes, you may be subject to particular U.S. tax rules and have special tax reporting requirements. Refer to this tip sheet for considerations to keep in mind as you approach tax planning.