Revealed: IRS’s sense of humor

As the countdown  continues to Tax Day in the U.S., on Monday, we thought it would be a good time to call attention to a rather quirky collection of tax quotations that we stumbled on, buried deep inside the IRS’s website.

Yup. For all its unflinching greediness, which seems to radiate from its very website at this time of year, the U.S. Internal Revenue Service would seem, on at least some level, to be aware of certain ironies, hypocrisies and even undeniably funny things that are fundamental to the business of taxing people...

  • Tax
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Opinion

'Dangerous liaisons': Foreign assets and their U.S. taxpayer nominees

'Dangerous liaisons': Foreign assets and their U.S. taxpayer nominees

For various reasons, people, including those with U.S. tax obligations,  have long taken advantage of the option to use so-called "nominees" to hold legal title to some of their non-U.S...

Dec-05-2019