Resources

General Overview of Self-Dealing IRC Section 4941 imposes a tax on any self-dealing transaction between a private foundation and a disqualified person. The tax is imposed in two levels. The disqualified person must pay a tax...

Joel Crouch was a speaker at a tax conference in Lufkin sponsored by First State Bank and Trust. Mr. Crouch’s topic was “The Art of IRS Penalty Defense”. Mr. Crouch made the same presentation to the Dallas...

The government is building momentum in its effort to turn the tide against offshore tax evasion. With the fall of Swiss bank secrecy, the rise of the Foreign Account Tax Compliance Act (“FATCA”), and an...