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Recent Articles

Why the steady stream of PFIC posts?

Phil Hodgen August 20, 2011

We do a lot (and I do mean a LOT) of work with PFICs -- Passive Foreign Investment Companies. As a result we have a...

Time required to prepare Form 8621

Phil Hodgen August 19, 2011

Our consistent advice to U.S. taxpayers is "Sell all of your foreign mutual funds." Foreign mutual funds are almost always Passive Foreign Investment Companies --...