Blog Profile / The Tax Lawyer

Filed Under:Business & Finance / Taxes
Posts on Regator:1560
Posts / Week:4.4
Archived Since:March 8, 2011

Blog Post Archive

House And Senate Tax Bills Bar Lawyer Tax Write-Offs For Costs

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.

Collecting Gross-Up Damages For Taxes In Litigation Gets Easier

Getting extra damages for tax consequences is often difficult, but it is getting easier, as recent cases show.

Bitcoin Tax Troubles Get More Worrisome

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.

DMX Tax Fraud Guilty Plea Cut 44 Year Prison Exposure To 5 Years

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.

Meghan Markle & Prince Harry Filing Taxes Separately? Here’s Why

The worldwide reach of the IRS could reach into the royal family if Meghan Markle and Prince Harry are not very careful.

Tax Bills Doom Tax-Free 1031 Exchanges Of Cryptocurrency

Many say they can make tax-free swaps of cryptocurrency, but both the House and Senate tax bills would stop the practice.

Harvey Weinstein Tax Would Prevent Sex Harassment Settlement Write-Offs

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.

Under Tax Bill, Should You Take 2017 Payment, Or Defer Until 2018?

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.

Paradise Papers Expose Rich And Famous Using Tax Havens  

Leaked Paradise Papers show pols and celebrities using offshore tax havens. Transparency and disclosure are becoming the universal standards.

Tax Bill Kills State Tax Deduction, So California’s 13.3% Prompts More Exits

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.

IRS Tax Lessons For Everyone From Paul Manafort Indictment

The tax-related charges levied against Paul Manafort contain lessons for all taxpayers about taxes and the IRS.

Vegas Strip Club Owner Gets 2 Years In Prison For Tax Evasion

Paying employees in cash and skirting payroll taxes can mean big penalties and even prison, as this Vegas club owner learned the hard way.

Tax Breaks On Selling Your Home, Vacation, Or Investment Property

When selling your residence, vacation home or investment property, saving taxes should begin long before you sign on the dotted line.

Tax Evader Who Fled U.S. Gets 7 Years In Prison

Failing to file tax returns and pay taxes can land you in prison. This man got 7 years.

Lessons From Dentist’s Tax Evasion: Cover-up Is Worse Than Crime

Income and payroll tax problems can both end badly, even in criminal tax evasion cases.

Forest Whitaker Loses Tax Case, Provides IRS Handling Tips

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.

False IRS Tax Returns — Personal Or Business — Can Mean Prison

Criminal tax charges can arise out of business tax returns as well as personal ones, even if you don't personally benefit.

Catholic Priest Gets Prison For Tax Evasion: Don’t Lie To IRS

Trying to talk your way out of an IRS interview can be dangerous, as this Priest learned.

Copyright © 2015 Regator, LLC