Entries by Tax Attorney

Jeffrey B. Kahn, Esq. discusses IRS and taxes on the March 22, 2015 radio show “Talking Money with Mr. C” on 760AM KFMB in San Diego

Issues discussed: a. Yahoo published an interesting video and article this week about what it’s like to get audited by the IRS. http://finance.yahoo.com/news/my-experience-getting-audited-140551190.html You’ve helped a LOT of people in this situation before, so what advice can you give someone who might be getting that notice in the mailbox today…? b. Your blog on Ty Warner […]

Ty Warner, Beanie Babies Creator, Convicted For Not Disclosing Foreign Bank Accounts

It’s been about 20 years since the U.S. suddenly fell in love with the adorable 5-inch Beanie Baby dolls created by Ty Warner. But in October 2013 billionaire Ty Warner broke down crying in U.S. District Court as he pleaded guilty to one count of tax evasion for hiding $25 million in income in secret […]

Jeffrey B. Kahn, Esq. Discusses Taxes, Undisclosed Foreign Accounts and the IRS On ESPN Radio – February 27, 2015 Show

Topics Covered: 1. An Unusual But Effective IRS Collection Tool: The Writ Of Ne Exeat Republica 2. The IRS Does Care About Your Small Undisclosed Foreign Bank Account! 3. Freelancer? Avoid these ‘7 deadly sins’ at tax time. 4. Questions from our listeners: a. Will the IRS punish me if I hire a tax attorney?   b. Should […]

The IRS Does Care About Your Small Undisclosed Foreign Bank Account!

Since 2009 the IRS campaign against unreported income and undisclosed foreign accounts has morphed from a focus on Swiss banks and large accounts to a kind of everyman’s tax disclosure.  But keep in mind that just like when the net is lowered into the water it catches all sizes of fish – the IRS states […]

Freelancer? Avoid these ‘7 deadly sins’ at tax time.

In separate reports, Zen99 and the consumer finance web site nerdwallet ranked Los Angeles the best city for freelancers. In 2012, 12% of people in Los Angeles reported themselves as self-employed. Each of these website reports considered housing and health care costs, the percentage of freelancers in an area as factors. Even before the sharing economy […]

IRS Agents To Hunt Tax Dodgers Overseas

On a recent airplane trip from the Bay Area to Southern California, I sat beside a distinguished-looking elderly man. I initiated a conversation with him and found out he was a former judge now living in Mexico. We talked about everything, including taxation. The former judge admitted that he was an American citizen and he […]