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April 2018 Archives

Challenge to FATCA overturned

The U.S. Supreme Court will not be haring the latest challenge concerning the Foreign Account Tax Compliance Act (FATCA). A number of U.S. citizens living abroad brought the lawsuit. It also had support from Senator Rand Paul who felt that FATCA was unconstitutional.

MLB cries foul on change to tax code

Like a perfect change-up, the new tax code has Major League Baseball wrong-footed and looking foolish. The change did not target professional sports, specifically, but it has the potential to cause a major shift in the way teams do business. The calculus behind when or whether to make a trade could be altered, depending on how leagues, the IRS and Congress respond.

Why tax audits occur

While there have been less IRS tax audits since 2010, there are still a large number of things that can trigger an audit. In 2017, there was still over a million tax audits.

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IRS debt of $682,437, Attorney Silver and his team negotiated the Debt down to zero.

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