secure usa casinos secure usa casinos new slot machines new usa online slots no download blackjack for cash online blackjack real money usa best mac online casino mac online casinos top online casinos 2013 best online casinos best online casino payouts fastest payouts casinos roulette casinos accepting us players online roulette for real money play slot machines for money play slot machines for money online casino payment options secure online casino deposit methods online casinos that accept us credit card deposits online casino accepting us credit cards play online slot casinos play slot machines http://asb.cgiar.org/Gen2/about_us/online-casino...... play casino slots online reputable online slots reputable casino http://asb.cgiar.org/Gen2/about_us/sign-up-bonuses.html usa casino sign up bonus online casinos that accept mastercard us online casino mastercard

Reams of Info from Swiss Banks Sent to IRS

We have been warning about this day for years. Despite a valiant effort by Swiss banks and some politicians, Switzerland was no match for the IRS. Whether you approve or disapprove of Uncle Sam’s tactics, the recent criminal prosecutions of Swiss banks by the United States Department of Justice proved too much for the Swiss. [...]

No Comments

New Guidance for REITs = New Opportunities for Taxpayers

A year ago we discussed the attempt by Lamar Advertising and Iron Mountain to convert many of their income generating properties into Real Estate Investment Trusts or REITs. When we of REITs, most people think of investment companies that own office buildings, hotel properties and shopping centers. But why not billboards (Lamar Advertising) or storage [...]

No Comments

“Rotting Economic Carcass” and Other Quotes on Tax Inversions

We love writing this blog. Hopefully we educate folks and offer solid general advice to help taxpayers understand sometimes complex and arcane provisions of the U.S. Tax Code. Admittedly, some aspects of the tax code are as clear as mud while others are so complex as to require hundreds of pages of forms, regulations and [...]

No Comments

Swiss Accounts & Declaration of Consent Letters – FBAR Post

Many taxpayers have been calling us recently because they have received a “Declaration of Consent” or similarly titled letter from their Swiss bank. Folks want to know whether or not they should consent and if not, what will happen. Great questions and unfortunately, the time to act can’t be delayed. Failure to sign a consent [...]

No Comments

TD Banker May Be Liable In Rothstein Ponzi Scheme Case

Chasing Ponzi scheme defendants is not an easy business. By the time they are caught, the coffers are usually dry. Unlike many law firms that pursue the fraudsters directly, we get involved when the money is hard to find. Our preferred targets are stockbrokers and investment advisers (the ones selling the investments), accountants and auditors [...]

No Comments

Have an Account at RMB (Rand Merchant Bank)? FATCA Post

Banks all over the world are sending letters to clients explaining the new reporting requirements under FATCA. Short for the Foreign Account Tax Compliance Act, FATCA requires banks located outside the United States to review their accounts and tell the IRS about any accounts with ties to the United States. That includes signatories with a [...]

No Comments

New Accounting Malpractice Post – Accountants Worst Nightmare

Great accounting malpractice post on attorney Chris Trebatoski’s legal and accounting website. See it here. Learn about what one federal judge called an accountant’s worst nightmare; finding out the company you had audited for two years had disappeared two years earlier and was a “mirage” and a total fraud. Think it is an easy case [...]

No Comments

FATCA and Swiss Bankers – Will The Swiss Continue to Cheat?

Earlier today I read a fascinating article in finfacts.ie, an Irish business website. The author of the post, Michael Hennigan, makes a convincing case that global transparency efforts such as FATCA are destined to fail. FATCA – short for the Foreign Account Tax Compliance Act – is a 2010 U.S. law designed to thwart tax [...]

No Comments

Tax Evasion or “Abuse of Sick Man”

A federal judge in Oakland sentenced a Berkeley, California man to 30 months in prison after being convicted of tax evasion. The man, 70 year old Hugh Baras, is a psychologist and a former clinical professor at Stanford University. In February, a jury convicted Baras of 5 counts of tax evasion and 1 count of [...]

No Comments

Tobacco Tax Evasion

The average price of cigarettes in New York City is now $14.50 per pack. Drive just 598 miles to Kentucky and the price of cigarettes drops to $4.96. That means that you can buy 3 packs of cigarettes for each pack purchased in New York. You may not even have to drive 600 miles to [...]

No Comments

android surveillance software mobile phone spy software android slots real money play slots no download real money