The Asset Protection Society™ (APS™) is here to warn its members and the general public of any transactions and/or scams or schemes that may harm ...
IRS’s Assault on Nondisclosure
Senator seeks support to scale back the IRS’s assault on nondisclosure of alleged tax shelters due to constitutional concerns Pursuant to requiremen...
ALERT… Medium Income Families Still Need To Pay More Taxes In 2017!
INTRODUCTION: For my clients residing in States with high State Income Taxes and/or high personal residential property taxes, the valued and yearly de...
More End Of The Year 2018 Tax Planning
More End Of The Year 2018 Tax Planning: The IRS announced today that Tesla, Inc. has sold more than 200,000 vehicles eligible for the plug-in electric...
IRS Examination Coverage
The Internal Revenue Service has listed the percentage of tax returns filed and examined by the amount of Adjusted Gross Income, see below. The return...
Foreign Bank Account Report due June 30, 2016
This alert serves as a reminder that you may need to file a Report of Foreign Bank and Financial Accounts with respect to your foreign assets. For cal...
End of the year gifting
Hello to you as this Holiday Season is now upon us with such energy and joy of families being together after a long year. I wish you a safe and happy ...
Is there a DING knocking at your client’s door?
In 2013 the Internal Revenue Service (“Service”) issued several private letter rulings (“PLRs”) sanctioning the use of a state income t...
DOJ Offers Swiss Banks a Deal
In 2013, The Justice Department (DOJ) announced a program that is designed to encourage Swiss banks to cooperate in their ongoing investigations of th...
IRS Starts Scrutinizing the Insurance Industry with Swiss Partners
In accordance with the DOJ Swiss Banking deal, Swisspartners, a group of Swiss asset management and life insurance companies (which, among its other i...