From Argentina to the United Kingdom, and places in between like India, Israel, Korea, New Zealand, Singapore, Bermuda, Brazil, the BVI and Check Republic, the Treasury Department announced today that it is engaged with over 50 countries and jurisdictions worldwide to...
Experience. Dedication. Results.
Month: November 2012
Tax Court Holds Against IRS on First-Time Homebuyer Credit Issue
On November 5, 2012, the Tax Court ruled on case involving the first-time homebuyer credit overruling the Internal Revenue Service (IRS) that had consistently held that both spouses had to qualify individually for the credit. The Court noted Congress enacted the...
California prosecutors bring tax fraud charges
Facing prosecution from state or federal authorities on alleged tax violations can be a daunting prospect. However, despite the risk of facing prosecution for tax crimes, in many cases, there are circumstances that may mitigate or refute the charges filed by...
Switzerland Unlocks its Secret Bank Accounts.
An article in the Sunday edition of the Washington Post details the continued erosion of Switzerland's banking secrecy laws. As many of Europe's economies continue to experience stagnant economic conditions, many countries have taken aim at Switzerland's vaults in the...