This is a follow-up to a post we did in March on offshore account disclosure.As we noted in our March 14 post, disclosure requirements for foreign accounts are becoming more complicated.It isn’t only that the Report of Foreign Bank and Financial Accounts (FBAR)...
There's an old saying that "you can't get blood from a stone."Many lawyers get introduced to it in law school. It's a phrase that may have roots in ancient Bible stories, such as Cain and Abel, though its exact origins remain obscure.In modern parlance, when lawyers...
Last month we devoted a two-part post to the issue of worker classification and payroll taxes.As we discussed, the question of whether a particular worker is an employee or an independent contractor has significant tax consequences. As we noted in our May 15 post, the...
