Oct 27, 2014
Although controversial, the Treasury announced new rules that would allow longevity annuities to be purchased in 401(k) and IRA plans.
Oct 20, 2014
Partnership taxation is already one of the most complicated areas of tax law. The IRS is proposing to add another level of intricate regulations that would substantially change how partnerships can be used for investment and business operations.
Oct 13, 2014
In a recent estate tax case, the IRS determined a federal estate tax deficiency of nearly $40 million. This included a hefty estate tax valuation understatement penalty of a little more than $15 million.
Oct 6, 2014
The government hopes that taxpayers will find it easiest just to pay tax on the gains from the sale of appreciated assets. Taxpayers who are smart will use this opportunity to create an even larger pool of investable money.
Sep 22, 2014
The U.S. economy only survives when capital flows into the United States. The whole push against offshore financial centers and tax havens by Washington has been to close down competition for capital and drive it back to the supposed safe haven of the United States.
Sep 15, 2014
President Obama is telling us that the United States is going to take limited military action to degrade and then destroy the newly named yet still fictitious Islamic State.
Sep 8, 2014
Directors and officers of companies are facing increasing liability for cybersecurity losses, as lawyers have gotten the scent of a new money pot , one that might be covered not only by personal liability, but insurance as well.
Aug 25, 2014
Arab Bank PLC is accused of funneling millions of dollars to known terrorists and their families in a trial proceeding in Brooklyn federal court.