Expected Changes in the Tax Code in 2015

In what ways will the government change the tax code in the year ahead? There is a list of hot topics that the government is expected to address for possible revisions in 2015. Tax Inversions, Corporate Tax Reforms, and Tax Extenders Large…

Philly Law Firm that Represented Tax Attorney Face Class Action Lawsuit

A Philadelphia based law firm, Montgomery McCracken Walker & Rhodes, LLP (MMWR), had a class action lawsuit slapped against it on December 9th for representing alleged trust fund embezzlers and tax attorneys. The lawsuit was filed in the…

Better Tax Laws Using New Republican ‘rithmetic’

With the New Year and Congress with a Republican majority comes the push for a new and better way to assess tax laws. Republicans want to view the economic impact of new tax bills As per Reuters, a new math has hit fiscal and budgetary calculations…

Scams Involving Stolen IDs and Fraudulent Tax Returns on the Rise in South Florida

A Statewide Problem Scams involving stolen identities and government funds appear to have become a statewide problem. In November, 18 students of Miami Dade College were charged with using their financial aid accounts to fraudulently obtain…

Tax Evasion Charges Against Bank Leumi Settled for $400M

As finger pointing continues between Leumi bank’s executives as to who knew how much, it has become evident that the bank helped US depositors evade those high taxes that all working Americans are burdened with. Israeli bank helps 1,500 US…