2024 Supreme Court Decision in Moore, the US Transition Tax and Offshore Voluntary Disclosure with special guest Austin Carlson

The Essential Tax Podcast episode 1! In this episode, Santa interviews his colleague Austin to discuss the intricacies of international tax compliance, focusing on the FBAR (Report of Foreign Bank Accounts) and the Moore case, a significant Supreme Court ruling. They delve into the history and enforcement of FBAR, the impact of whistleblower Bradley, and the evolution of offshore voluntary disclosure programs. Austin shares insights on the Moore case, emphasizing its implications for the tax code and advising listeners on handling non-compliance issues. The episode underscores the importance of professional guidance in navigating complex tax regulations. Tune in to this episode as Austin talks about: Potential changes with the sunset of the Tax Cuts and Jobs Act of 2017 Implications of potential future tax legislation based on the political landscape Impact on taxpayers and tax professionals Challenges and opportunities for tax professionals in navigating the evolving tax code Upcoming general elections in the UK and potential tax changes Qualified Opportunity Zone and Qualified Investment Fund Learn more about and connect with Austin Carlson: LinkedIn: https://www.linkedin.com/in/austin-carlson-jd-cpa-63031029/ Website: https://www.grayreed.com/Our-People/Austin-C-Carlson Subscribe to the Essential Tax Podcast Video Series on YouTube: https://www.youtube.com/channel/UCSt3GwcsbRQATgJNM6yTlQg Connect with Mishkin Santa: LinkedIn: https://www.linkedin.com/in/msanta/ Website: https://thewolfgroup.com/ Facebook: https://www.facebook.com/thewolfgroup.pc/