The “Accident Attorney” Specialists
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Penny Wise and Pound Foolish
Global-Tax-Weekly_March 24
Unintended Consequences
Some basketball fans may remember the 1988 Summer Olympics in Seoul when, for the first time since the earth cooled, Team USA did not bring home a basketball gold medal. But NBA Commissioner David Stern had a plan: assemble a roster stocked with future Hall of Famers and allow them to run roughshod over any […]
Cheap Shelf Or Top Shelf? The OVDP v. The SFCP
Global-Tax-Weekly_March 17
Foreign Account Disclosures Soar To Over 1 Million
The IRS published a News Release on March 15, 2016 entitled, Foreign Account Filings Top 1 Million; Taxpayers Need to Know Their Filing Requirements that readers of this blog might find interesting. Below are some snippets: WASHINGTON — Strong and sustained growth of taxpayers complying with foreign financial account reporting reflects improving awareness and compliance of this important […]
Penny Wise And Pound Foolish
Philip Wrigley had a problem. As the notoriously parsimonious owner of the Chicago Cubs in the 1970s, Mr. Wrigley did not want to spend big money to attract top players. But, as the savvy owner of a successful confectionary business, he also knew that no one would buy tickets to see a perennially second-division ballclub. […]
Knowing When To Say When
Global Tax Weekly_March 3
Cheap Shelf Or Top Shelf?
Many people make purchase decisions based on cost, and little else. “Motor oil is motor oil,” they insist. In the minds of many, it is pure folly to pay X dollars per month for auto insurance when another company provides the same service for a mere Y dollars. Or, they ask rhetorically, what moron would […]
Antonin Scalia’s Legacy On And Off The Bench
If any lawyers you happen to see this coming week look a bit more depressed than usual, it may be due, at least in part, to the unexpected passing of Supreme Court Associate Justice Antonin Scalia. His sudden death was especially jarring for all of us who have ever experienced the completely unanticipated loss of […]
New Jersey Tax Court Procedure for State Tax Cases
Like it or not, taxes are the lifeblood of a nation. It helps fuel our government in order for it to function properly and efficiently. While paying taxes is one of our duties as citizens, there are always instances when the IRS or a State taxing authority overreaches. This may come in the form of […]