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Monthly Archives: January 2018

There is NO Insurance for Criminal Tax Fraud

According to the DoJ a Dover, Massachusetts, insurance broker was sentenced January 25, 2018 to   8 months in prison for filing false tax returns.  According to the evidence presented at trial, Anthony J. May, 62, owned and operated Clients First Financial Insurance Agency LLC, through which May sold life insurance products as an insurance broker, and Advantage…
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TCJA Favors Corporations for Outbound Tax Planning

According to Jeffrey L. Rubinger and Summer Ayers LePree The Tax Cuts and Jobs Act (“TCJA”) represents the most significant tax reform package enacted since 1986. Included in this reform are a number of crucial changes to existing international tax provisions.  While many of these international changes relate directly to U.S. corporations doing business outside the United…
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Trump to Name Tax Lawyer Rettig as IRS Commissioner – Good Choice!

Trump plans to nominate tax lawyer Charles "Chuck" Rettig as IRS commissioner, Politico reported. If confirmed, Rettig will oversee implementation of the Tax Cuts and Jobs Act. Rettig previously served as the chair of the IRS Advisory Council      He will also have to deal with an agency weakened by sharply reduced staffing after budget…
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