by Jacob Stein | Aug 11, 2008 | Attorney Blogs, Blog
It always surprises Americans that the U.S. banks that they have all heard about so much are not necessarily the largest banks in the world. Given the recent IndyMac collapse, it is becoming easier for investors to realize that U.S. banks are not necessarily the...
by Jacob Stein | Jul 8, 2008 | Attorney Blogs, Blog
Following the indictment of several UBS AG (Switzerland) employees, the Justice Department requested permission from federal court to have the Internal Revenue Service issue John Doe summons to UBS AG (the Swiss parent of UBS). The John Doe summons will instruct the...
by Jacob Stein | May 31, 2008 | Attorney Blogs, Blog
A recent Wall Street Journal has an article entitled Property Investors Fear Gains-Tax Rise, Shift 1031 Strategy. Read the article here: https://online.wsj.com/article/SB120528549398629221.html Anticipating a change in the administration and an increasingly Democratic...
by Jacob Stein | May 18, 2008 | Attorney Blogs, Blog
The State of New York has passed a new law scheduled to go into effect June 1, 2008, requiring internet retailers to collect sales taxes. The new law is expected to generate an additional $78 million of revenue per year for the state. Several other states, including...
by Jacob Stein | May 7, 2008 | Attorney Blogs, Blog
The big tax news this month was the Justice Department’s loss in the Wesley Snipes case. Snipes has been cleared of federal tax-fraud and conspiracy charges, but was convicted on three misdemeanor counts of failing to file a tax return. He now faces up-to three years...
by Jacob Stein | Apr 17, 2008 | Attorney Blogs, Blog
In response to Sen. McCain’s proposed tax plan an article in today’s Washington Post (McCain’s Plan for Working Class Offers Plenty for Corporate World) blasted the tax plan as pandering to corporations and businesses. The cry was picked up by several other...
