As we all gear-up for the 2018 tax filing season – one that will prove to be a challenge as the new and extensive Tax Cuts and Jobs Act (TCJA) changes officially take place – there is much anxiety about whether taxpayers have been withholding properly over the last year.
An award winning Tax Attorney, Cary B. Bryson is the co-founder of Bryson Law Firm, LLC with his wife, Angie. Recently, he was named a “GameChanger®” in the USA Today by the National Association of Experts, Writers and Speakers® due to his vast contributions to his field. The spread, also titled “GameChangers®,” shines the spotlight on an elite group of entrepreneurs and their credentials.
Co-Founder of Bryson Law Firm, LLC, Cary B. Bryson, was recently recognized as an Acadiana Kingfish in the 2018 October/November issue of Acadiana Profile Magazine. The magazine’s Kingfish section acknowledges accomplished businessman of Acadiana who give more to others than to themselves. A Kingfish is known for being generous, durable and unflinching in character.
In 2014, the IRS created the current Offshore Voluntary Disclosure Program (OVDP). This program was set up to allow Taxpayers with foreign financial accounts and assets to come forward voluntarily so that they could mitigate the risk of potential criminal liability and civil penalties due to willful failure to report foreign financial assets. This program has now been set to sunset on September 28, 2018.