Tax Law News and Insights

On September 12, 2024, the U.S. Department of Justice ("DOJ") announced that Frank Richard Ahlgren III pleaded guilty to filing a false tax return underreporting gains from selling $3.7 million in Bitcoin. As we discussed here, USA v. Ahlgren was the first crypto case with tax evasion allegations unrelated to another crime; it is now...

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Key Takeaways: Follow U.S. tax requirements by understanding federal, state, and local obligations. Adjust your business strategy for the U.S. market by accounting for sales tax variations. Utilize tax treaties to minimize tax burdens and navigate international tax rules effectively. ~ Navigating the U.S. tax system is a critical aspect...

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This article considers whether there is a role for a self-directed Roth IRA when structuring the ownership of qualified small business stock (QSBS).1 This article is one in a series of articles and blogs addressing planning issues relating to QSBS and the workings of Sections 1202 and 1045. During the...

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