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How To Deal With Bankrupt Business Buyers
Clipped from Forbes.com with edites: 06.23.09, 6:00 PM ET Getting paid is getting harder. Not because more customers are trying to conserve cash by extending payment terms, but because they are going out of business altogether. According to BankruptcyData.com, a research firm that tracks such filings, 114 publicly held U.S. companies filed for bankruptcy so far... »
My thoughts on the future of the federal estate tax
In 2001, President Bush and a Republican-controlled Congress enacted a law that greatly reduced and will eventually eliminated the federal estate tax. The catch is, the law sunsets after ten years, meaning that in 2011, the laws governing the federal estate tax will be as those laws existed in 2001. Since passing the 2001 law,... »
UBS pushes IRS back on Joe Doe Subpoena
Quoted from Alibaba.com: UBS AG asked a U.S. court on Thursday not to proceed with a high-profile tax evasion case brought against it by the U.S. Internal Revenue Service, saying the case would violate Switzerland’s strict bank secrecy laws. … U.S. tax authorities are pursuing a civil lawsuit against UBS seeking to access the data of... »
