On December 2, 2016 we posted IRS Wins Summons Challenge From Virtual Currency Exchanger Coinbase Inc. which discuss that a California federal court authorized a John Doe summons by the IRS to obtain information from virtual currency exchanger Coinbase Inc. so it can investigate whether the company’s customers avoided paying taxes on transactions made through the company.According…
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U.S. Tax Expert Caught in Green Card Trap in Denmark
Brooke Harrington, an American tax expert with a PhD from Harvard University, was about to make Copenhagen her home when she found out she was facing criminal charges. Her offense was giving talks to the Danish parliament and chamber of commerce. It turns out that was illegal, violating work restrictions for non-European nationals, much to…
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Owner of Home Health Agency Sentenced For Medicare Fraud & for Filing Fraudulent Tax Returns.
The owner of a Houston home health agency was sentenced today to 80 years in prison for his role in a $13 million Medicare fraud scheme and for filing false tax returns. DoJ announced on December 8, 2017 that Ebong Tilong, 53, of Sugarland, Texas, was sentenced by U.S. District Judge Melinda Harmon of the Southern…
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Miami Could Attract Hedge Funds If SALT Deductions Are Eliminated
According to Law360, for years, inertia has been Nitin Motwani’s greatest foe in his attempts to lure hedge fund owners in the northeast to Miami, which he has pitched as a tropical low-tax paradise. But with the Republican tax bill proposing to eliminate deductions for state and local taxes, he’s sensing an opportunity to finally…
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