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The United States government may be victorious in a long-running battle with the Swiss government over US tax evasion. Swiss judicial and government officials are all moving toward agreement that US clients in Swiss banks must have their account data handed to the Internal Revenue Service (IRS). Switzerland’s largest bank, […]
The Texas oil industry is weathering tough times. The BP oil rig explosion in the Gulf of Mexico is causing a massive environmental disaster and giving the entire industry a black eye. It will almost certainly stop any expansion in offshore drilling. Meanwhile, Congressional Democrats want to repeal oil and […]
The legal and political climate has become increasingly unfavorable to individuals and businesses with federal tax controversies. The IRS is increasing the level of resources devoted to investigations and audits, and it is a near-certainty that increasing numbers of businesses and individuals will find themselves facing tax disputes. At Brown, PC, attorney […]