According to ”IRS: Offshore account holders said fess up to lower penalties” (03/27/09) by Kevin McCoy, published in USA Today, the Internal Revenue Service finally is claiming its tax stake in unreported offshore accounts owned or controlled by U.S. citizens, under severe penalties if voluntary compliance is not forthcoming.
Trying to lure wealthy Americans to disclose assets [...]
Posts under ‘Lawyer Articles’
Offshore Accounts in Dangerous Waters
DOL to Increase FLSA Investigations
By: Paul Cherner
The U.S. General Accounting Office (”GAO”) recently issued a scathing report about the DOL’s handling of FLSA investigations. The title of the report is “Wage and Hour Division’s Complaint Intake and Investigative Processes Leave Low Wage Workers Vulnerable to Wage Theft.”
In response, the new DOL Secretary, Hilda Solis, issued a News Release stating [...]
Attorney General Commands Open Government
FindLaw
By Eric Sinrod
In a recent memorandum to heads of federal executive departments and agencies, Lawyer General Eric Holder, Jr. has followed President Obama’s earlier lead in instructing that the Freedom of Information Act be administered with the clear presumption of openness.
According to the Attorney General, this presumption has 2 important implications.
The first implication is [...]
This Just In: More People Getting Their News from the Internet than from Newspapers
By Eric Sinrod When you think news, do you think of print newspapers? If so, you are outnumbered, as more people now obtain their news from the Internet, according to a recent survey.
Whereas only 24% of people reported obtaining their national and international news from the Internet as recently as September, 2007, that number now [...]
This Just In: More People Getting Their News from the Internet than from Newspapers
By Eric Sinrod When you think news, do you think of print newspapers? If so, you’re outnumbered, as more people now obtain their news from the Internet, according to a recent survey.
Whereas only 24% of people reported obtaining their national and international news from the Internet as recently as September, 2007, that number now [...]
Employee No cost Choice Act
By Paul Cherner There has been a substantial amount of debate concerning the proposed federal legislation entitled the Employee Free Choice Behave (”EFCA”).
In 2007, EFCA was passed by the U.S. House of Representatives, but failed to win a cloture vote to end a filibuster in the Senate. Labor unions have listed the passage of EFCA as [...]
ON BECOMING A BANK LAWYER
By William M. Aukamp
I began representing banks in late 1968, when I joined a Long Island-based two person law firm that served as general counsel to a 30 branch community bank. Today, I am of counsel to a 180 lawyer firm with offices in four states. During the intervening years, I have served as [...]
THE NEED FOR SPEED: THE PATH TO STATUTORY DAMAGES IN COPYRIGHT
Steven A. Gibson
J.D. Lowry
Introduction
The irony is remarkable: copyright law provides arguably the most robust protective matrix for any intangible assets and yet remains horribly underutilized by owners of copyrights. While copyright registration is not necessary for copyright ownership,1 copyright registration provides particularly relevant and practical advantages, one of which is the ability to claim statutory [...]
Making a Federal Case Out of It: A Civil Defendant’s Guide to Removal
By J.D. Lowry See that major futuristic-looking building on Las Vegas Boulevard, between André’s to the east and the Lewis Avenue Corridor Park to the west? It’s the Lloyd D. George Federal Courthouse, home of the unofficial southern division of the U.S. District Court for the District of Nevada, and as civil defense counsel, you [...]
New Executive Orders for Federal Contractors
By Paul Cherner
On January 30, 2009, President Obama issued three Executive Orders that impact federal contractors. These Orders are pro labor and are intended to reverse jobs taken during President Bush’s administration.
Nondisplacement of Qualified Workers Under Service Contracts - this Executive Order provides for the continuation of employment of employees who are working pursuant to a [...]
