Michael Gillen

Michael Gillen

Duane Morris LLP

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IRS Announces Major Changes to Offshore Voluntary Disclosure Program

On June 18, 2014, the Internal Revenue Service (IRS) announced major changes in its offshore voluntary compliance programs. The changes include an expansion of the streamlined filing compliance procedures and key...more

6/24/2014 - Disclosure Requirements FBAR IRS Offshore Funds OVDI OVDP Standards & Procedures

Don't Miss the FBAR Filing Deadline

Despite the Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) publishing final regulations for reporting bank accounts, securities accounts and other financial accounts located in a foreign country on...more

6/5/2013 - FBAR Filing Requirements FinCEN Foreign Financial Accounts Income Taxes Offshore Funds Reporting Requirements Tax Evasion

When Athletes Retire, Is the Next Step Bankruptcy or Paradise?

The "paradise" stories for the post-playing careers of professional athletes are without a doubt under told. The success of Roger Staubach in building a real estate empire, the multiple businesses of NBA all-stars Magic...more

3/21/2013 - Athletes Financial Planning Retirement Sports Tax Planning

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