All posts in Tax News

4 Reasons the IRS Hasn’t Made a Decision about Bitcoin

Colleen Ahern Governments all over the world are struggling to determine how to treat Bitcoin in their tax systems. Norway and Germany have chosen not to treat Bitcoin as a currency, but instead to regard it as an asset upon […]

Beanie Baby Tycoon Fined Millions for Tax Evasion

Ty Warner was given two years of probation and 500 hours of community service for hiding his assets in a Swiss bank account. The creator of Beanie Babies toys, Warner avoided paying an estimated $5.6 million in taxes over the […]

Google Pays Israel $373 Million in Taxes

Google’s acquisition of Waze, an Israeli based app that crowd-sources traffic information, will cost the company $373 million in taxes, according to Haaretz. Google acquired Waze in June, following rumors that Apple and Facebook were both bidding for the company. […]

How 2013 Threw Off This Year’s Tax Season

It looks like many of 2013’s headline events will be affecting tax filing season in 2014. The government shutdown and sequestration will have an impact on when and how taxes will be filed in the coming year. Here’s what you […]

Healing the Economy: FTT to Phase in at Wall Street

Guest post by: Trenton Fortes The country is wounded. Large financial institutions as well as the Wall Street honchos are raiding the ailing economy repeatedly, leaving behind millions to suffer the aftermath. Medical care has gone beyond the affordability of […]

Huguette Clark Estate

Keeping Your Estate out of Litigation

Several media outlets, including the New York Times, Washington Post, and the British Telegraph, have featured stories on the estate of Huguette Clark. Clark was born in 1906, the daughter of William Clark, a wealthy businessmen. She was briefly married […]

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