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Posts Tagged Maine tax lawyer

Musings On IRS Scandal

by Brian Mahany The recent scandal involving the IRS and politically targeted audits has been well covered by mainstream media. I wasn’t even going to write about but for 3 emails from past and present clients. The details of the present scandal are fairly easy to summarize: 1) The IRS targeted conservative and “Tea Party” [...]

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Here Come The Vultures – FATCA Post

by Brian Mahany It didn’t take very long. Like vultures circling a dying carcass, shortly after the meltdown of Cyprus’ financial industry, competing tax havens have began soliciting investors. With the implementation of FATCA just months away, there are some important lessons in this story. Cyprus was long a tax haven. Many Russians opened accounts [...]

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Trickle Down Economics? – Maryland Debate’s “Rain Tax”

by Brian Mahany While serving as Maine’s state revenue commissioner in the 90′s I had to deal with hospital taxes (the so called “sick tax”) and taxes on snack food (often called the Girl Scout cookie tax). Lobbyists can get pretty creative with labels, usually in an effort to defeat a tax proposal or at [...]

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Big Brother IRS Says It Can Read Your Emails Without A Warrant (Tax Evasion Post)

by Brian Mahany According to a recent story published by CNET, the IRS says it doesn’t need a search warrant to read your email. While privacy advocates, liberals, conservatives, the ACLU and courts think otherwise, the IRS still claims that Americans have no expectation of privacy in their emails. I was shocked when reading this [...]

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Huge Data Breach Threatens Unreported Account Holders Worldwide – FBAR Post

by Brian Mahany Headlines around the world carried the story – in one of the most massive data breaches of the new millenium, the Washington DC based International Consortium of Investigative Journalists managed to obtain confidential financial records containing  the names of people with offshore accounts. According to Canada’s CBC News, the records contain information [...]

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