Tax Fraud
2017 North Carolina Tax Law Changes
Changes to tax rates in North Carolina became effective on January 1, 2017. The adjustments affect both businesses and individuals. When revising…
Protect Assets for the Elderly
In approximately forty years, 1 in 10 Americans will be 65 or older. Financial elder abuse rates are increasing proportionately with the…
North Carolina Back Tax Scam
Last week the North Carolina Department of Revenue released a warning in response to reports of back income tax collection scams. Anchor…
BVI Accounts Under Scrutiny in 2014
A new law will reveal more details about United States taxpayers who maintain accounts in the British Virgin Islands. Starting in 2014,…
The John Edwards Case – What About Gift Taxes?
Yesterday I blogged about North Carolina’s controversial Amendment One, which ended up passing by a large margin. I also have some thoughts…
The Truth about Frivolous Tax Arguments
Have you ever heard a friend, neighbor, or colleague state that they had found a way to get around paying income taxes,…
Better Report that Offshore Income! The IRS is Coming…
From IRS Commissioner Doug Shulman: March 26, 2009 My goal has always been clear — to get those taxpayers hiding assets offshore back…
Obama Picks Second Tax Cheat for Cabinet
First it was Timothy Geithner for Secretary of the Treasury, and now it turns out Tom Daschle, nominated for Secretary of the…