• News

    IRS Ready To Forgive Small-Time, Forgetful Tax Evaders

    Get your “whoops!” defense ready.

    / Jun 19, 2014 at 3:46 PM
  • News

    The Bitcoin Bugle: Derivatives and Taxes

    Those 200,000 bitcoins that Mt. Gox forgot about? Yea, well, they’re still not legal tender, according to the IRS, which will have some unpleasant consequences in about three weeks.

    / Mar 25, 2014 at 6:50 PM
  • he'll school ya


    Renaissance Technologies: Buy-And-Hold Investor

    You can think of a margin loan as being like an option on the underlying security: if I lend you $50 (nonrecourse) against a $100 share of stock, and tomorrow the stock is worth $45, then you’ve lost $50 and I’ve lost $5, same as if I wrote you a $50 strike put option on […]

    / Jul 1, 2013 at 10:13 AM
  • News

    IRS, Derek Jeter’s Lucky Ball Doing Their Part To Pay Down Debt

    Christian Lopez, 23, will probably be on the hook for $5,000 to $13,000 because of the luxury seats the grateful Yankees gave him, the accountants said. “He’s a great guy,” says Terry Ganer, a die-hard Yankees fan and accountant for Ganer Grossbach & Ganer in midtown. “But I’m pretty sure the tax man, unfortunately, is […]

    / Jul 12, 2011 at 1:57 PM
  • News

    IRS Can No Longer Discriminate Against Extreme Cat Lovers

    Do you love cats? Do you love every kind of cat? Do you want a house full of them? Do you want a house full of so many that it’s starting to cost you a pretty penny but the idea of not having the cats to roll around with is too much to bear? Help […]

    / Jun 13, 2011 at 11:07 AM
  • News

    Goldman Sachs Partnership Was Unaware It Had To Pay Taxes

    Sometimes these things are unclear.

    / Jan 25, 2011 at 3:27 PM
  • News

    Get Paid To Shoot Someone From UBS

    Looking for a new gig (or a gig period)? Disheartened by the dearth of openings in the industry at the moment? Itching for the chance to get all up in UBS’s face? If you’re under 37, in “prime physical condition” and can shoot a gun, the IRS wants you for its Criminal Investigation Divsion, which […]

    / Aug 30, 2010 at 5:41 PM
  • News

    Former Day Trading Hipster-Cum-Musician In A Little Trouble With The IRS

    Marcos Esparza Bofill is a twenty-something native of Barcelona who moved to New York in 2006 to “try his hand at day trading.” He did so for a year, in a little set up in his Alphabet City walk-up, to not much success. So after losing most of his money, not being able to pay […]

    / Aug 25, 2010 at 10:30 AM
  • News

    No One Expects The Spanish Inquisition!

    Face it. There is no escape and you banks are so unpopular now that any hope you had at generating sympathy is gone gone gone. We want to know your customers. We want to know when you knew them. We want to know how you met them. We want to know who they know that […]

    / Apr 27, 2009 at 4:26 PM
  • News

    Inmate 57

    Admit it, if you were Wesley Snipes and facing 3 years in prison for a tax evasion scheme, you’d try to bribe the prosecutor too. Well, not bribe, but maybe a big payment, you know… pay a… fine. $5 million in a lump sum might do. Or maybe not. It sort of reminds one of […]

    / Apr 25, 2008 at 9:26 AM

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