Rubinstein & Rubinstein

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06/21/2017

Bitcoin is accepted as payments for many online vendors and has become increasingly popular. It is crucial to ensure your tax compliance for your Bitcoins.

06/20/2017

If you still have undeclared offshore accounts, you can come forward and make them legal. Call today and find out how we can help you!

05/25/2017

Are you prepared for the possibility that your assets – – your home, your savings, your business – – could be taken from you by litigants, creditors, the government, potentially even your spouse? That could happen if you are a business owner, property owner, guarantor or a perceived “deep pocket”. ...

04/26/2017

A recent article in the New York Times, “Workers Find Winning a Wage Judgment Can Be an Empty Victory” (April 13, 2017), discusses a proposed new law that would allow a lien against a business accused of improperly withholding wages from its workers. The law is known as a sweat law or securing wage...

03/09/2017

In 2014, Credit Suisse pleaded guilty in U.S. federal court to facilitating tax fraud by Americans via secret bank accounts in Switzerland. This was among the largest guilty pleas ever by a foreign bank, and Credit Suisse agreed to pay $2.6 billion in fines to the U.S. and New York State. (Our pre...

02/16/2017

With the annual tax season approaching, it is a good time to review what you may need to do to make sure your tax reporting requirements are met.

02/15/2017

In the latest step by the IRS to address taxation issues in the digital on-line economy, the IRS has filed its first enforcement against convertible virtual currency, targeting tax abuse of “Bitcoin” transactions. On November 20, 2016, a Federal Court in California authorized the IRS to issue a “Jo...

12/22/2016

If you are the owner of a foreign account or other foreign financial asset that has not been properly reported to the IRS, what are your options now? Option One: come forward now. The IRS Offshore Voluntary Disclosure Program (OVDP), still remains open. Criminal prosecution is usually avoided if y...

12/22/2016

Year-end is a good time to reflect upon your estate planning wishes, whether they are current and whether your survivors will be able to efficiently inherit. To this end, we offer the following questions to direct you: Are your appointments (executors, trustees, guardians, etc.) up to date? Have th...

12/13/2016

The year 2016 was an epic year in the offshore world due to the leaks of confidential offshore financial information known as the “Panama Papers”. In addition, in 2016, more countries began to report offshore financial information to the IRS under FACTA (the Foreign Account Tax Compliance Act). Als...

12/08/2016

While major changes are likely on the Federal level following national elections last month many states will still retain their own state estate taxes.

12/08/2016

Donald Trump has promised to rewrite the U.S. tax code. With a Republican House and Senate, a tax code overhaul is likely.

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