According to Law360, An Oklahoma federal judge found insufficient evidence Thursday to keep alive a cellphone retailer's lawsuit accusing his former tax lawyer of negligently allowing a $2.1 million tax debt to balloon to $9.5 million, tossing the suit because it didn't show the outcome could have been any different. U.S. District Judge Robin J.…
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U.S. International Tax Planning for Bona Fide Residents of Puerto Rico September/October, 2016 Volume 90, No. 8 U.S. International Tax Planning for Bona Fide Residents of Puerto Rico by Jeffrey L. Rubinger and Summer Ayers LePree Page 56 Tweet United States taxpayers who are bona fide residents of Puerto Rico Read more at: Tax Times…
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The President That You Elect Could Impact Your Estate Taxes
During my 30+ years as a senior attorney at the IRS and my subsequent career as a tax consultant, I have see an ongoing struggle over the rate of tax to be imposed on estates. Generally this ebb and flow has pitted Republican party attempts to eliminate the estate tax vs. the Democratic party's attempts to…
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144 Offshore Banks & Now Financial Advisors Are Turning Over Your Names To The IRS – What Are Your Waiting For?
On May 26, 2016 we posted 97 Offshore Banks Are Turning Over Your Names To The IRS - What Are Your Waiting For? and since then the Government has add 47 more Banks and FINANCIAL ADVISORS to this list bringing the number to 144 Offshore Banks and Foreign Financial Advisors.The IRS keeps updating its list of foreign banks…
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