General Tax News

IRS Arrests Michael Avenatti, Cutting State Bar Hearing Short

Jan 15, 2020

IRS agents arrested embattled attorney Michael Avenatti in Los Angeles late Tuesday during a break in a hearing before the...

Justice Department Announces Settlement With Liberty Tax Service

Dec 4, 2019

Government and Liberty Jointly Propose Order Requiring the Company to Enact Compliance Controls Affecting more than 2,800 Liberty Tax Service...

Make Sure Your Bitcoin Password is Safe: Cryptocurrency Exchange Can’t Access $190 Million in Holdings!

Feb 9, 2019

Gerald Cotten, the founder of Canada’s biggest cryptocurrency exchange, QuadrigaCX, died unexpectedly due to complications with Crohn’s disease. According to...

Estate Portability: Tax Court Case Clarifies IRS Time to Examine Return

Mar 10, 2018

As part of our tax and estate planning practice in Connecticut and New York we do a lot of planning...

Trump Proposes Increasing the IRS Budget from 11.2 Billion to 15 Billion

Feb 13, 2018

The Trump administration on February 12 released its much anticipated fiscal year (FY) 2019 budget request, entitled “Efficient, Effective, Accountable An...

Trump Says Affordable Care Act Repeal and Replacement Will Be Simultaneous

Jan 13, 2017

On January 11, 2016, President-elect Donald Trump said that repeal and replacement of the ACA will essentially be simultaneous when...