August 28, 2020 | The Legal Intelligencer
IRS Audits Resume and Targets High-Net-Worth IndividualsWell, IRS audits are back … and high-net-worth taxpayers, including lawyers and their high-wealth clients, are being specifically targeted.
By Michael A. Gillen, Mary Beth Lee and Steven M. Packer
5 minute read
March 07, 2017 | The Legal Intelligencer
Proceed With Caution: 2017 'Dirty Dozen' Tax ScamsThe "Dirty Dozen" American film released by MGM in 1967 depicts wartime law breaking, theft and impersonation, but today we are talking about the IRS's "Dirty Dozen Tax Scams for 2017" list, which depicts law breaking, theft and impersonation issues that are putting taxpayers at risk.
By Michael A. Gillen and Steven M. Packer
20 minute read
March 17, 2015 | The Legal Intelligencer
Tax-Related Identity Theft and Scams: Are Your Defenses Strong?For many of us, and our clients, identity theft, unfortunately, is an all-too-familiar topic.
By Michael A. Gillen and Steven M. Packer
7 minute read
March 17, 2015 | The Legal Intelligencer
Tax-Related Identity Theft and Scams: Are Your Defenses Strong?For many of us, and our clients, identity theft, unfortunately, is an all-too-familiar topic.
By Michael A. Gillen and Steven M. Packer
7 minute read
June 03, 2008 | The Legal Intelligencer
SEC to Require Electronic Financial Reporting in 2009Certain companies will soon be required to submit their financial results, including annual and quarterly required submissions, electronically using XBRL, a language for communication of financial data.
By Steven M. Packer
7 minute read
April 01, 2008 | Law.com
When Tax Liabilities Can't Be Paid - Risks, Ramifications and ResolutionsWith more than 60,000 people leaving the workforce in February, the largest drop in payrolls in four years, the continued housing and credit crunch and the current volatility in the financial markets, some of your clients may be facing serious financial difficulties and may be unable to pay their upcoming tax obligations.
By Michael A. Gillen and Steven M. Packer
10 minute read
May 04, 2010 | The Legal Intelligencer
Tips to Prevent and Mitigate Fraud in the Family OfficeLawyers often have expressed or implied fiduciary oversight responsibilities in connection with the "family office" of wealthy individuals, families and private foundations.
By Steven M. Packer
8 minute read
October 06, 2009 | The Legal Intelligencer
State Tax Amnesty and Voluntary Disclosure ProgramsOur tax system is based on voluntary compliance. That is, the principle that taxpayers voluntarily comply with the tax laws and report their income and other tax items honestly.
By Steven M. Packer And Barbara A. Ruth
10 minute read
April 12, 2011 | The Legal Intelligencer
Last-Minute Filing Tips for a Shifting Tax LandscapeWith the tax filing deadline now only days away (April 18 this year due to Emancipation Day in Washington, D.C.), we thought it would be helpful to share a few last-minute tax filing tips, with a bias twist. As a result of interaction this tax season with more than 500 lawyers who have engaged the tax compliance and planning services of the Tax Accounting Group, we can comfortably and confidently report a common theme.
By Michael A. Gillen and Steven M. Packer
15 minute read
September 01, 2009 | The Legal Intelligencer
New IRS Strategic Initiative: Increased Audit Activity on Its Way?Exposure of fraudulent and unscrupulous tax preparers, along with increasing voluntary compliance with federal tax laws and closing the tax gap (currently estimated to be in the billions of dollars) are among the goals of the Internal Revenue Service's five-year strategic plan released April 27, and runs from 2009 through 2013.
By Michael A. Gillen And Steven M. Packer
11 minute read
Trending Stories