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A Very Broad Transaction Tax Might Have Merit

  Originally published on Forbes.com. A transaction tax is one of those ideas that keeps popping up.  Earlier this month, Representative Peter DeFazio (D-OR) introduced a bill – Finishing Irresponsible Reckless Speculatnetive Trading – that would...
Nevada Corporation Exists Under IRS Name For Decades

Nevada Corporation Exists Under IRS Name For Decades

Originally published on Forbes.com. Here is a little tax tip.  If you owe money to the IRS, do not send your check to Department of the Treasury – Internal Revenue Service, 3338 Gypsum Rd,  Reno, NV. That particular entity is a registered domestic corporation in...
Facebook, Leprechauns And The Cayman Pot Of Gold

Facebook, Leprechauns And The Cayman Pot Of Gold

Originally published on Forbes.com. As I tried to sort out the way  Facebook is using Ireland to lower its tax bills, I was beginning to think that it involved leprechauns I mean it makes sense.  Leprechauns have these hidden pots of gold.  So if you have a magic...
F. Lee Bailey Bankruptcy Rooted In Poor Record Keeping

F. Lee Bailey Bankruptcy Rooted In Poor Record Keeping

Originally published on Forbes.com. The F. Lee Bailey bankruptcy discussed in the Washington Post is not much of a surprise to me.  F. Lee Bailey’s resumption of his pre-Sam Shephard practice of tax litigation, this time on his own behalf lit up the tax...