IRS Investigations of Virtual Currency May Ramp Up After Congressional Testimony

IRS Investigations of Virtual Currency May Ramp Up After Congressional Testimony Last week, the House of Representative’s Financial Services Committee heard testimony from a panel regarding the potential dangers of cryptocurrency. The expert panel discussed how cryptocurrency can be used to perpetuate crimes and how even national security can be placed in jeopardy. The testimony…

Can Non-Resident Aliens Transfer their U.S. Property Without Paying Taxes?

Can Non-Resident Aliens Transfer their U.S. Property Without Paying Taxes? Non-resident aliens may come to own property in the United States for an array of reasons. Some non-resident aliens may purchase property because they see it as a stable and sound investment opportunity. Aside from the potential appreciation in property values, owning U.S. real estate…

Can My Child Testify at a Divorce Hearing?

Can My Child Testify at a Divorce Hearing? The question of whether your child can testify in a divorce proceeding depends on several factors. Among the most important variables a judge will consider when deciding whether to allow a child to testify is their age and maturity. Basically, judges must ensure that witnesses are competent…

Ohio Business Owner Convicted of Tax Crimes in False Advertising Scheme

Ohio Business Owner Convicted of Tax Crimes in False Advertising Scheme Last week, a federal jury convicted an Ohio business owner of a myriad of financial and tax crimes relating to a tax preparation scheme. The investigation, prosecution, and conviction are evidence of the need to obtain representation by a criminal defense tax attorney at…

If Your Teen Joins a Gang, What Should You Legally Do?

If Your Teen Joins a Gang, What Should You Legally Do? Parents do their best to keep their kids out of trouble. Sadly, the best isn’t always good enough. For a multitude of reasons, children can turn to rebellious, illegal activities during their teenage years, even going so far as to join gangs. If those…

Suing for Defamation: How Much Money Can You Win?

Suing for Defamation: How Much Money Can You Win? Frequently, when individuals ask what their injury cases are worth, they are surprised to learn that there is no way for an attorney to answer that question without having access to accurate fortune tellers. Since fortune telling is all a hoax (if it weren’t, there’d be…

South Dakota Lights Up Revenue Uncertainty with Proposed Tobacco Tax Hike

South Dakota Lights Up Revenue Uncertainty with Proposed Tobacco Tax Hike South Dakota voters may soon decide whether to increase the state’s tax on tobacco. Rep. Mark Mickelson (R) is trying to get two questions on the ballot that would raise the state’s tax on cigarettes and other tobacco products to raise additional revenue for…

Lessons Learned? Nevada Tax Strategy for Recreational and Medical Marijuana

Lessons Learned? Nevada Tax Strategy for Recreational and Medical Marijuana On July 1, Nevada retailers plan to begin selling recreational marijuana, seven months after recreational marijuana usage was approved by the Question 2 ballot measure. Nevada lawmakers needed to move swiftly, but thoughtfully, to establish regulation and collection of taxes on recreational marijuana sales. When…