Hello loyal readers! Executive Order #38 is the toast of the town in New York these days as it affects anyone that receives state funded revenue. You heard me right, ANYONE, not just the Nursing Home owners I singled out, so this is actually pretty important. This...
U.S. Tax Law Blog
The FBAR filing deadline is June 30th, 2015 Do you need to file?
Use this quick and easy guide to decide whether you need a tax professional: Q. Who must file an FBAR? A. Any United States person (citizen or resident) who has a financial interest in or signature authority over any financial account in a foreign country, if the...
Owe $10,000+ to IRS? What Now?
Hello loyal readers! This is going to seem like a more self-serving post but hey, you scratch my back I help you, or someone you love, from making a huge mistake. Tax defense companies, you've heard their ads, deep baritone voice booming over the radio that if you...
Law School #Sucked
Hello loyal readers! This is a post off my usual super interesting tax discussions that you have come to love. I received a nice email request from a linkedIn editor to write about my experience and opinions as a #LawGrad, and while I am way too old to know how to use...
LIAR LIAR TAXPAYER’S PANTS (OR SKIRT) ON FIRE
I did not want to write a blog for Tax Season. I really didn't. The internet is awash with advice and gizmos and multi-disciplinary insights. My pertinent opinions would be at best duplicated somewhere else. I was inspired however by a conversation I had at dinner...
TOP 12 “DIRTY” WAYS TO GET A DATE WITH THE IRS
Wow that headline sounds wrong! However it IS accurate. Many taxpayers have been clamoring to hear about the IRS' "Dirty Dozen" Tax scams for 2015. So here is a rundown for all those wishing and hoping for a little one on one time with the Internal Revenue Service....
WHO LOVES START-UPS? WE LOVE START-UPS!
Startups give your tax and business professionals a hug sometime. We know you guys are the geniuses that are making the world a brighter place, but us bean counters and knuckle dragging contract writers really do keep the lights on. Show some love! Startups are great....
DID YOU HEAR THE NEWS??? THE IRS IS AFTER YOUR MONEY!!!
Last week the IRS apologized for swooping in and seizing numerous bank accounts of small businesses. Incredibly utilizing a widely unknown law (except to those the law aims to ensnare) which states that financial companies must report cash deposits more than $10,000....
COLLECT THEM ALL!!!
The American Dream, good job, great family, nice house and of course paying your taxes. Oftentimes, good taxpayers have pretty simplistic tax forms, with regular income and withholding, there can be very little of real scrutiny by the IRS. One issue that crops up from...
BLAME CANADA! BUT IT’S REALLY THE UNITED STATES’ FAULT…
Ah the United States, home to a universal healthcare system and high capital gains rates. The US is a copy-cat though, there is an original purveyor of such a system, our brothers and sisters in the Great White North; Canada. A land where it ACTUALLY snows two feet...

