WC eNews


Did you Know?
For many years, Williams Coulson has been recognized as a leading law firm in Estate Planning.  Less appreciated, however, is the firm’s sophisticated business and transactional practice.  Over the past year, the attorneys at Williams Coulson have represented buyers and sellers in third-party transactions with a value of over $1 Billion Dollars.  The firm has seamlessly integrated its specialized knowledge of tax and business transactions to produce highly desirable results—both short-term and long-term—for buyers, sellers, company executives and closely held business owners.  


Welcome to WC eNews where we bring you periodic updates on current business and estate planning issues and opportunities.  

MAKING THE BEST OF BAD CHOICES: DEALING WITH OFF-SHORE TAX SHELTERS AND THE IRS
Because of increased IRS scrutiny, U.S. taxpayers with unreported income from foreign bank accounts are assessing their options regarding IRS disclosure. After more than two decades of effort, the IRS crack down on the use of foreign bank accounts to evade U.S. income taxes is finally achieving success....VIEW NOW

IRS CLARIFIES THEFT LOSS DEDUCTIONS 
Perhaps as a side effect of current economic conditions, there has been a recent increase in reported thefts, embezzlements and other criminally fraudulent activity. The confessed Ponzi scheme involving Bernard Madoff involves unprecedented losses to investors. Other incidents appear to involve smaller losses, sometimes involving trusted employees or other insiders. ....VIEW NOW

 

 

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Updated 6/09