|Filed Under:||Business & Finance / Taxes|
|Posts on Regator:||1560|
|Posts / Week:||4.4|
|Archived Since:||March 8, 2011|
Contingent fee lawyers must usually front all costs, but usually cannot write off the costs on their taxes until the very end of the case. Congress is about to make this harsh rule even more pervasive.
Getting extra damages for tax consequences is often difficult, but it is getting easier, as recent cases show.
As IRS gets access to Coinbase accounts, more Bitcoin gains are going to face tax scrutiny, and minimizing the damage is going to be important.
Rapper DMX gets a bargain, trading one count of tax fraud for the 14 he faced, and reducing what could have been up to 44 years of prison to a maximum of 5 years.
The worldwide reach of the IRS could reach into the royal family if Meghan Markle and Prince Harry are not very careful.
Many say they can make tax-free swaps of cryptocurrency, but both the House and Senate tax bills would stop the practice.
New Harvey Weinstein tax would mean no tax deduction for legal fees or harassment settlements involving nondisclosure. That would be a big change from current law.
Settling lawsuits, selling assets, and making other income triggering moves this year-end can be tricky tax-wise. But you can sometimes specify when you want to be paid.
Leaked Paradise Papers show pols and celebrities using offshore tax havens. Transparency and disclosure are becoming the universal standards.
Californians already eyed the state's stratospheric 13.3% tax even on capital gains. If state taxes won't be deductible on federal tax returns, freeways out could be jammed.
Why are so many Americans renouncing citizenship? Could it be taxes and FATCA?
The tax-related charges levied against Paul Manafort contain lessons for all taxpayers about taxes and the IRS.
Paying employees in cash and skirting payroll taxes can mean big penalties and even prison, as this Vegas club owner learned the hard way.
Many gig economy workers are independent contractors,
When selling your residence, vacation home or investment property, saving taxes should begin long before you sign on the dotted line.
Failing to file tax returns and pay taxes can land you in prison. This man got 7 years.
Income and payroll tax problems can both end badly, even in criminal tax evasion cases.
Forest Whitaker is no stranger to tax troubles. This time, it was over timing of payments to the IRS that led to his multiple losses in court.
Criminal tax charges can arise out of business tax returns as well as personal ones, even if you don't personally benefit.
Trying to talk your way out of an IRS interview can be dangerous, as this Priest learned.