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April 2013 Archives

FBI challenged on info gathering gizmo in tax fraud case

Groundbreaking technology is amazing stuff (when it works). As with anything that is cutting edge, though, new technology often represents a double-edged sword. With all the apparent benefits come the risks that the tech tools will be used for nefarious purposes. And sometimes the good guys misuse the tools as readily as the bad guys.

Leaked tax haven data spurs controversy in U.S., world

That wealthy people employ tax havens in efforts to protect their wealth is not particularly shocking. But in recent weeks, it's become a little clearer just how prevalent the use of the havens is and how interconnected they appear to be.

Sequester's possible silver lining: fewer IRS audits

As we have noted in past posts, the prospect of an audit is not one that is looked upon with relish. At the same time, it's not something that most readers in the Maryland, Virginia and District of Columbia areas necessarily need to be too worried about.

Advocacy group for overseas Americans calls for FATCA repeal

As long as Congress is undertaking efforts to reform the U.S. tax code, why not repeal the Foreign Account Tax Compliance Act. That's the suggestion that's being made by the group American Citizens Abroad. The recommendation addressing this particular tax controversy was made in the form of a statement sent to Washington, D.C., this week to selected members of the House Ways and Means Committee.

Every Tax Problem Has A Solution

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