June 22, 2017
Can Non-Resident Aliens Transfer their U.S. Property Without Paying Taxes?

Can Non-Resident Aliens Transfer their U.S. Property Without Paying Taxes?

Non-resident aliens may come to own property in the United States for an array of reasons. Some non-resident aliens may purchase property because they see it […]
May 12, 2017
North Carolina Financial Advisor Sentenced to Serve More Than 5 Years in Prison

North Carolina Financial Advisor Sentenced to Serve More Than 5 Years in Prison

A “financial professional” was recently sentenced to serve 65 months in prison for his role in blatantly stealing money from those who trusted him. According to […]
March 24, 2017
Family Ties in a Business Cannot Shield or Protect Against Tax Fraud Charges

Taxpayers Sentenced for Tax Evasion, Tax Return Fraud After Restaurant Scheme Unravels

Charles and Lisa Bolton were successful businesspeople who owned and operated two restaurants in the Hattiesburg, Mississippi area. Sports 22 Restaurant and Hall Avenue Package Store […]
March 20, 2017
U.S. Residents with Undeclared Foreign Bank Accounts go to Prison while Swiss Bankers get Probation

U.S. Residents with Undeclared Foreign Bank Accounts go to Prison while Swiss Bankers get Probation

Last week, Michele Bergantino, an Italian citizen and Swiss Resident, was sentenced to two years of unsupervised probation for his role in providing Swiss banking services […]
February 22, 2017
looking for indicators of fraud

How Does an IRS Agent First Notice Tax Fraud? How Does an Indicator of Fraud become a Tax Enforcement Action?

For many taxpayers, the processes employed by the IRS and other tax agencies can seem opaque and random. However, despite the difficulty that tax laypeople can […]
February 7, 2017

Real Estate Professionals May Deduct Real Estate Losses When “Material Participation” Is Present

Real Estate Professionals May Deduct Real Estate Rental Losses When “Material Participation” Is Present In the January/February 2017 edition of the Journal of Corporate Taxation, the […]