Month: January 2017

By of MillarLaw A Professional Corporation On Tuesday, January 17, 2017

By Ani Galyan About half of the States have legalized marijuana for either or both medical and recreational use. Despite being legal under various state laws, businesses operating in the marijuana industry continue to encounter federal banking issues making it difficult to conduct daily operations. Regardless of state laws, marijuana remains classified as a Schedule … Continue reading Banking Problems for a Whole Industry

By of MillarLaw A Professional Corporation On Sunday, January 15, 2017

In many cases we have handled the taxpayers were dual nationals who have not only failed to adequately disclose and report foreign bank account and income to the IRS, but have also failed to report to the other country. This raises the spectre of the taxpayer facing under reporting liabilities in multiple countries. Take for … Continue reading Enforcement of Foreign Tax Claims