ESPN reported in August that Heisman Trophy winner Johnny Manziel “…agreed to sign memorabilia in exchange for a five-figure flat fee during his trip to Miami for the Discover BCS National Championship.”

Of course the real fear for Texas A&M faithful was that he would lose his eligibility to play football for violating NCAA Bylaw

The IRS continues to aggressively pursue offshore tax evasion.  Another example of which is plan to share tax information with Australia and the United Kingdom.  The announcement says that the target is trusts and companies holding assets on behalf of residents throughout the world.

Popular countries used to create of trusts and other entities according

The IRS has been clear that it is very serious about US taxpayers with foreign financial assets being compliant with tax reporting requirements.  There have been three rounds of the Offshore Voluntary Disclosure Initiative.  It is not too late to enter into the program.

Anyone with an undisclosed foreign account should seriously consider entering

If you ever wondered how the Federal Sentencing Guidelines work – here is an outline of the basics:

First Step – Determine Which Guidelines Manual Applies:

The Sentencing Guidelines require that courts use the Guidelines Manual in effect on the date of sentencing.  If the court determines that the use of the

The IRS’ interest in cracking down on offshore tax havens is well documented.  Just this week, the Department of justice announced that the oldest bank in Switzerland – Wegelin & Co. plead guilty to conspiring with U.S. taxpayers and others to hide more than $1.2 billion in secret Swiss bank accounts and the income generated