by Jacob Stein | Jul 2, 2014 | Attorney Blogs, Blog
US taxpayers who failed to report foreign financial activity to the Internal Revenue Service (IRS) have received notices from the IRS about their non-compliance. Over the last few years, the IRS has made advances in the problem of tax evasion by US taxpayers (citizens...
by Jacob Stein | Jun 30, 2014 | Attorney Blogs, Blog
Online or internet gambling was declared illegal in the United States under the Unlawful Internet Gambling Enforcement Act of 2006. This prompted many professional online gamblers to relocate/re-domicile to other countries where they could continue to play...
by Jacob Stein | Jun 11, 2014 | Attorney Blogs, Blog
In a recent Federal court case (in the Southern District of Florida), a North Carolina bank attempted to reach the assets sequestered by a debtor in an offshore trust. The bank’s attempt was thwarted by the District Court. A limited liability company borrowed money...
by Jacob Stein | May 23, 2014 | Attorney Blogs, Blog
With state income taxes on a constant increase, many taxpayers are looking for ways to protect themselves from double (federal and state) taxation. With the combination of federal and state income taxes, in states like California and New York, individuals could be...
by Jacob Stein | May 21, 2014 | Attorney Blogs, Blog
Marriage is entered into with optimism and good faith, but it is almost careless not to prepare for the possibility of a marriage breakdown. Anyone who has acquired or built assets, such as a business, should seriously consider protecting them prior to marriage....
by Jacob Stein | May 12, 2014 | Attorney Blogs, Blog
China, the world’s second largest economy, has taken several steps to battle the issue of cross-border tax evasion. As of 2013, China formed agreements with 46 nations to share tax information. Leading the efforts is tax Commissioner Zhang Zhiyong, who said that China...
