What's New

June 19, 2020

Steve Mopsick's new article published in TaxNotes: COVID-19 and the Tax Court: Time for Virtual Trials?

April 23, 2020

Paycheck Protection Program Loan: Tax Implications

April 23, 2020

Living in the World of COVID-19: You May Want to Check in with the IRS to Make Sure They Know Where to Find You!

April 14, 2020


April 12, 2020

State of IRS Operations Amid COVID-19 Pandemic

April 07, 2020

Installment Agreements in the Time of COVID-19

April 03, 2020

Mopsick Carrere, LLP has created resources page with information and links related to COVID-19

April 01, 2020


March 30, 2020

IRS Order to Employees: Evacuate Your Post of Duty

July 01, 2019

A New Chapter: Firm Name Change

Mopsick Tax Law, LLP is pleased to announce our next chapter as a law firm. Effective July 1, 2019, the firm will be named Mopsick Carrere, LLP.

Steven Mopsick and Ryan Carrere have over 60 years of combined experience in tax controversy and other tax-related matters. Steven has 30 years of IRS experience in Washington, D.C., and as the IRS District Counsel in Sacramento, and 17 years in private federal tax law practice. Ryan's 14 years of practice has focused primarily on federal and California tax matters, but he has also worked in other areas including business formation/dissolution, and business transactions.

The firm's name change recognizes Ryan's significant contributions to the firm.

Thanks to our many clients, colleagues, friends, and family for their continuous support. We look forward to the future as Mopsick Carrere, LLP.

March 14, 2018

IRS OVDP Ending: Last Chance for Some Taxpayers with Unreported Foreign Financial Assets

July 11, 2017

Steven Mopsick and Ryan Carrere’s new article published in Accounting Today: The Value of Partnering with a Tax Attorney

July 07, 2017

National Taxpayer Advocate Reviews Filing Season and Identifies Priority Areas and Challenges in Mid Year Report to Congress  

May 24, 2017

Steve Mopsick to speak at CalCPA’s 15th Annual Real Estate Conference on tax consequences of giving up US citizenship.

March 14, 2017

Steve Mopsick to speak to the Taxation Section of the Sacramento County Bar Association on March 27, 2017 on The Founding Fathers, FBARs, and Tax Administration in the 21st Century.

February 16, 2017

Owe An IRS Tax Debt? You May Soon Be Contacted By A Private Collection Agency!

February 03, 2017

Examination Collectibility Consideration: Another Example of IRS Inefficiency

January 26, 2017

2016 Taxpayer Advocate Service Annual Report to Congress

January 25, 2017

Not Required to File a Tax Return? Maybe You Should File Anyway!

January 20, 2017

NRP Audits – The Honest Taxpayer’s Worst Nightmare.

January 11, 2017

U.S v. Bohanec–Another Court Case on the Willful FBAR Penalty.

January 13, 2016

Steven Mopsick to speak at San Francisco Tax Club’s event January 14, 2016 in San Francisco.

October 02, 2015

FATCA reciprocal exchanges have started. Our sources in DC say FATCA repeal is dead.

August 17, 2015

Steven Mopsick Quoted in Silicon Valley Business Journal’s Article “Exclusive: No More Free Meals for Tech Workers? IRS Advances Project that Could Tax On-site Food Perks.”

August 14, 2015

Steven Mopsick and Ryan Carrere Recognized in Northern California Magazines

January 19, 2015

New York Times Weighs in on Congress’ Punishment Program for the IRS

January 15, 2015

Just Published: Taxpayer Advocate’s 2014 Annual Report: The TPA is Not Happy!

January 15, 2015

Commissioner to IRS Employees: Get Ready For Hard Times Ahead

January 06, 2015

“Watchdogs Call For Better Transparency of Nonprofits’ IRS Filings” By Natasha Lindstrom

January 06, 2015

“A White Paper on Executive Action to Restore Trust in the Internal Revenue Service by Rebuilding Field Operations” By Frank Wolpe

January 06, 2015

“Restoring Trust In IRS Is A National Imperative” By Peter J. Reilly

January 06, 2015

Congressional Research Service: An Overview of the Federal Tax System

October 16, 2014

IRS Clarifies Rules for Streamlined Procedures for U.S. Taxpayers Residing Outside the United States

Clarification of rules and FAQs for U.S. taxpayers residing outside the United States.

July 07, 2014

Mopsick Tax Law Is Pleased To Announce Kathleen Donelan-Maher’s Promotion To Partner

June 19, 2014

2014 Offshore Voluntary Disclosure Program (OVDP)

June 19, 2014

IRS Makes Changes to Offshore Programs

June 19, 2014

Offshore Income and Filing Information for Taxpayers with Offshore Accounts

May 14, 2014

IRS publishes New FAQ’s for Foreign Financial Institutions

January 27, 2014

Update on the Surrender of the Swiss Banking Industry to Uncle Sam

November 07, 2013


On November 6, 2013, the Treasury Department published this very handy list of updates on the current state of the various model intergovernmental agreements, annexes, and tax information exchange agreements.

August 02, 2013

FATCA: ‘Simple Premise’ Gone Terribly Wrong

We are happy to repost an article by Lynne Swanson whose blog is The Maple Sandbox and Victoria Ferauge who publishes the blog, The Franco-American Flophouse. Their article, “FATCA: Simple Premise Gone Terribly Wrong” originally appeared in The Hill’s Congress Blog on July 28, 2013.

June 19, 2013

Offshore Bank Accounts?

Doing nothing is not an option.

June 13, 2013

Mopsick Tax Law Is Pleased To Announce The Addition Of Kathleen Donelan-Maher To Our Firm!

April 30, 2013

GAO Speaks Out On Quiet Disclosures

April 26, 2013

IRS FATCA News And Information Newsletter

March 08, 2013

IRS Yanks Criminal Amnesty Deal From Taxpayers With Secret Bank Leumi Accounts

Here is a troubling article, written by Janet Novack, describing a recent development involving IRS rescission of previously granted OVDI clearance letters involving the Bank Leumi in Israel.

February 20, 2013

Renewing Your US Passport? BEWARE — – State Department Turns Over Your Social Security Number & Location to the IRS

Great blog by Virginia La Torre Jeker J.D.

January 17, 2013

At Last… The FATCA Regulations Are Final!

TD 9610 Final Regulations

December 04, 2012

New York Times: A Long-Distance Relationship With The I.R.S.

“You always want to be in a position wherein you’re going to the I.R.S. If the I.R.S. comes knocking on your door first, they’re going to take a harder line.”

October 12, 2012

TaxIndiaInternational.com Publishes Steve’s Article

“Tax Justice For Recent Immigrants To USA- What They Don’t Teach In Citizenship Class: FBAR’s And Foreign Assets”

August 07, 2012

Tax Justice For Americans Abroad Republished In Tax Notes International

“Tax Justice for Americans Abroad”

July 16, 2012

Steve’s Recently Published Article In Tax Notes Today

“Tax Justice for Americans Abroad”

June 20, 2012

FATCA Newsletter

IRS posted a new bulletin on FATCA on 6/20/12.

May 14, 2012

FBAR: Handle With Care

Good discussion by Randall Andreozzi; Quiet Disclosures could be a slippery slope.

May 11, 2012

Many Americans Abroad Suprised by Tax Code’s Nasty Bite

Article written by Brian Knowlton.

March 06, 2012

American Ex Pat’s Beware!

How you could increase your chance of an audit when you file this year’s new form 8938, Statement of Foreign Assets.

February 17, 2012

Mopsick’s Interview With the Business Journal

Steve talks about FATCA.

February 15, 2012

How to Hide Your Money in an Offshore Account

Great article on offshore banking by Connie Cass. You have two choices, do it legally or do it illegally.

February 10, 2012

Memo To Foreign Banks: How To Become An IRS Withholding Agent For Your American Clients

February 08, 2012

Finally, The Long-Awaited FATCA Withholding Regulations!

The IRS releases the withholding regulations for FATCA.

January 09, 2012

IRS Announces Terms For 3rd Voluntary Disclosure Program

IRS announces a third offshore voluntary disclosure program to help people get current with their taxes. This program will be opened for an indefinite period until further announced.

January 04, 2012

Great Short Summary of FATCA

Stroock & Stroock & Lavan LLP: The Thirty Percent Solution? FATCA Provisions of the HIRE Act.

January 03, 2012

FATCA and Foreign Bank Accounts: Has the U.S. Overreached?

For the last three years, the U.S. government has mounted aggressive enforcement efforts against American taxpayers who have undeclared funds in foreign accounts, as well as the banks, bankers, financial and legal advisers, and even family members who may have assisted the taxpayers or facilitated their concealment of assets from the tax collector.

December 12, 2011

The Death of Bank Secrecy in Panama

Steve Mopsick to speak in Panama on January 26, 2012, at the Veneto Hotel.

December 05, 2011

FATCA is a Nightmare for Fund Managers

“CATCHING tax cheats is well and good in theory. Achieving that feat in practice is another matter. As fund managers are finding, the latest effort from the American authorities to root out those of their citizens who have been hiding their assets overseas is creating a bureaucratic nightmare around the world.” The Economist.

November 29, 2011

Not All Countries Welcome Implementation of FATCA by the United States

Our friendly neighbors to the north have taken issue the aggressive approach to collect information about U.S. taxpayers with foreign accounts. Canada’s Federal Minister of Finance recently expressed his concern in a letter that FATCA will result in Canadian financial institutions becoming an extension of the IRS. He also raised concerns about privacy rights and heavy-handed penalties.

October 27, 2011

Foreign Account Tax Compliance Act and IRS Reporting Requirement Get More Complex; Form 8938 Expands The Concept of Disclosure Beyond Foreign Bank Accounts

The Foreign Account Tax Compliance Act added section 6038(D) to the Internal Revenue Code. The new section requires taxpayers with financial assets exceeding a certain dollar amount held outside the United States to report those assets to the IRS. The IRS has made a draft Form 8938 and instructions available.

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