Canadian Banks to Send Information to the IRS as Per Facta Rules

On July 2nd when Canada’s banks re-open after the holiday period, they will have to deal with the full implications of the FATCA – Foreign Account Tax Compliance Act – that allows America’s IRS to snoop on American citizens who have…

Stature of NFL as a not for Profit Organization Challenged

The NFL (National Football League) was established in the year 1920 as the American Professional Football Conference. It changed its name to the NFL in 1922. Being one of the four major professional sports leagues in North America, it is composed…

FIFA 2014 Continues to be Plagued by Controversies

The 2104 FIFA World Cup continues to be plagued by controversies. The nine match ban on Uruguay’s forward Luis Suarez comes right at the heels of favela protests, and increasing resentment around the globe against the sport association. Brazil…

Chicago Lawyer Sentenced to 15 Years in Prison for Tax Shelter Fraud

Chicago lawyer and accountant Paul M. Daugerdas has been in the news for a while now. The government of the United States has labeled him as “history’s most prolific and unrepentant cheat” in the eyes of the IRS. Daugerdas has now been…

Former California Nurse Charged with Elder Abuse and Tax Fraud

42 year old Daisy Ramirez used to work as a nursing assistant in Salinas which is part of the Bay Area. She was hired to take care of an 83 year old woman as she was a certified nursing assistant. However, charges have been brought against her…

Football Player Messi in Trouble with the Tax Authorities

The star player of the Argentina national team and the forward of the Spanish club FC Barcelona, Messi is known for his indomitable spirit and unrivaled playing prowess. He is often counted as one of the greatest players in the history of football…

Hillary Clinton Under Fire for Comments to Guardian

Republicans have consistently been slamming Hillary Clinton and former president Bill Clinton on the question of the wealth that they have amassed after his time spent in the Oval Office. It is reported that Hillary Clinton charges speaking…

Facebook Hides Annual $60 Million Business in Australia

In the United States of America, there are laws that govern every single aspect of how a corporation is run and because of this micromanagement, billions of dollars is overseas and 30 million Americans are out of work or underemployed. Now…

Down with the Death Tax

Bill and Hillary Clinton have been branded as hypocrites after it was learned that the couple is leaving no stone unturned to ensure that the IRS gets no money in the form of estate taxation. They are being called hypocrites because while they…

Clintons Hypocritically Use Estate Tax Loopholes

Bill Clinton was once the leader of the free world. After the Monica Lewinsky scandal and his impeachment as the President of the United States, the world was surprised when his wife, Hillary stood by his side. Soon, Hillary Clinton became the…