January 11, 2018
How Little-Known “Structuring” Laws Could Cause You to Lose Money to the IRS

How Little-Known “Structuring” Laws Could Cause You to Lose Money to the IRS

Imagine yourself being stopped by a police officer while driving home from work. You have committed no crimes or traffic violations, but unfortunately, this is no […]
January 9, 2018
Have a Foreign Bank Account? You May Be Required to File an FBAR

Have a Foreign Bank Account? You May Be Required to File an FBAR

It’s common knowledge that the majority of U.S. citizens – around 240 million of them, according to the Internal Revenue Service (IRS) – are required to […]
January 1, 2018
Newark Political Fundraiser Convicted of Tax Evasion, Wire Fraud

Newark Political Fundraiser Convicted of Tax Evasion, Wire Fraud

On November 20, 2017, Kiburi Tucker, 42, former political fundraiser and executive director of Newark-based child-care center The Center, pleaded guilty in Newark federal court to […]
December 30, 2017
Let the Paradise Papers Be a Reminder to Taxpayers: File an FBAR if You Have Foreign Income

Let the Paradise Papers Be a Reminder to Taxpayers: File an FBAR if You Have Foreign Income

If you follow the news even casually, you have doubtlessly read about the Paradise Papers, a recent leak of roughly 13.4 million financial documents exposing the […]
December 29, 2017
Will I Be Audited by the IRS if I Use Coinbase to Buy, Sell, or Store Bitcoins?

Will I Be Audited by the IRS if I Use Coinbase to Buy, Sell, or Store Bitcoins?

The cryptocurrency or virtual currency “Bitcoin” has exploded in value since its debut, skyrocketing from fractions of a cent in 2010, when it was traded for […]
December 27, 2017
Manafort Accused of Hiding Offshore Accounts in 3 Countries Known as Tax Havens

Manafort Accused of Hiding Offshore Accounts in 3 Countries Known as Tax Havens

Appearing in court with co-defendant and fellow political consultant Richard “Rick” Gates, former Trump campaign manager and veteran political operative Paul Manafort was charged in October […]