Daily Archives: July 27, 2011

Peering Through the Legal Prism: When Asset Protection Becomes Fraudulent

Posted on July 27, 2011 by David L. Silverman, J.D., LL.M. (Taxation)

VIEW IN PDF:  Tax News & Comment — August 2011 I.  Introduction English law addressing fraudulent conveyances dates back to the early Middle Ages. The first comprehensive attempt to prohibit such transfers appeared in the Fraudulent Conveyances Act of 1571, … Continue reading →

Posted in Asset Protection | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Peering Through the Legal Prism: When Asset Protection Becomes Fraudulent

Posted on July 27, 2011 by David L. Silverman, J.D., LL.M. (Taxation)

VIEW IN PDF:  Tax News & Comment — August 2011 I.  Introduction English law addressing fraudulent conveyances dates back to the early Middle Ages. The first comprehensive attempt to prohibit such transfers appeared in the Fraudulent Conveyances Act of 1571, … Continue reading →

Posted in Asset Protection | Tagged , , , , , , , , | Leave a comment

August Comment — Deferred Exchanges Under the Regulations

Posted on July 27, 2011 by David L. Silverman, J.D., LL.M. (Taxation)

VIEW IN PDF:  Tax News & Comment — August 2011 [Note: Excerpted from Like Kind Exchanges of Real Estate Under IRC. §1031 (David L. Silverman, 3rd Ed.,1/11).View treatise at nytaxattorney.com] I.  Overview of Statute A deferred exchange may be a … Continue reading →

Posted in Deferred Exchanges, Like Kind Exchanges | Tagged , , , , , , | Leave a comment

From The Courts — Recent Developments, August 2011

Posted on July 27, 2011 by David L. Silverman, J.D., LL.M. (Taxation)

VIEW IN PDF:  Tax News & Comment — August 2011 The Supreme Court, in an unanimous opinion, held that a medical resident whose normal work schedule requires him to perform services 40 or more hours per week, is not a … Continue reading →

Posted in From the Courts, Tax Decisions, Tax News & Comment | Tagged , , , , , , | Leave a comment

From The IRS — Recent Developments, August, 2011

Posted on July 27, 2011 by David L. Silverman, J.D., LL.M. (Taxation)

VIEW IN PDF:  Tax News & Comment — August 2011 Approximately one million U.S. taxpayers have at least one financial account located in a foreign country. Many have not reported their offshore accounts to the IRS, a violation with possible … Continue reading →

Posted in IRS Matters, IRS Rulings & Regulations, Tax Decisions, Tax News & Comment | Tagged , , , , , | Leave a comment