Attorney Greg Katzman on Business Tax Planning

On January 24, 2012, in Attorney Gregory M. Katzman, Tax, Video Blog Series, by S&W Blog Admin

Starting a new business? Check out Shipman & Wright Attorney Greg Katzman on business tax planning.

The IRS Taking Offshore Accounts Very Seriously

On December 14, 2011, in Attorney Gregory M. Katzman, Financial, Government, Tax, by Attorney Gregory Katzman

Blog Written by Attorney Gregory M. Katzman: New tax rules will require taxpayers with assets held offshore to make extensive disclosures to the Internal Revenue Service (IRS) or face risking harsh penalties. The IRS wants to locate taxpayer’s secret overseas accounts used to skirt U.S. taxes.  The Foreign Account Tax Compliance Act of 2010 requires [...]

Celebrities Still Have to Pay Their Taxes

On December 7, 2011, in Attorney Gregory M. Katzman, Financial, Tax, by Attorney Gregory Katzman

Christie Brinkley vows she’ll immediately repay the $531,000 she owes in back taxes. New York’s Daily News recently reported the Internal Revenue Service has filed a tax lien against the supermodel. Brinkley says in a statement the lien was a “result of an error” and pledges it will be paid in full by Wednesday.  The [...]

Bah Humbug Tax? The Fee on Christmas Trees is Designed to Boost Slumping Sales

On November 9, 2011, in Attorney Gregory M. Katzman, Government, Tax, by Attorney Gregory Katzman

Effective immediately, the United States government is imposing a 15-cent fee on most fresh-cut Christmas trees.  However, before critics compare President Obama to Scrooge, government officials want to explain this is a growers’ arrangement to boost tree sales.  All the money will be collectively used by the  Tree Growers industry’s marketing board.  But, small growers [...]

Tax Reconsideration In Taxpayer’s Favor for S&W Client

On November 9, 2011, in Attorney Gregory M. Katzman, Financial, Firm News, Tax, by S&W Blog Admin

Shipman and Wright, LLP is pleased to announce that we recently completed a tax reconsideration reducing the taxpayer’s tax liabilities by over $200,000.00 of tax debt. An Audit reconsideration is an Internal Revenue Service procedure designed to help you when you disagree with the results of: (1) An Assessment IRS made because of an audit [...]

University of Miami Football Players May Have To Pay Benefits Back in Bankruptcy Court

On August 31, 2011, in Attorney Gregory M. Katzman, Uncategorized, by Attorney Gregory Katzman

University of Miami Football Players May Have To Pay Benefits Back in Bankruptcy Court 72 former or current Hurricane football players allegedly received benefits including but not limited to: cash, gifts, meals, yachts, abortion costs, etc. Players who received these benefits from convicted Ponzi schemer Nevin Shapiro soon will receive a subpoena from a bankruptcy [...]

The IRS announces Standard Mileage rate increase to 55.5 cents per mile

On June 27, 2011, in Attorney Gregory M. Katzman, Financial, General, by Attorney Gregory Katzman

Blog Written by Shipman & Wright Attorney Gregory M. Katzman: The Internal Revenue Service announced a midyear increase in the business mileage rate available to be claimed as a business tax deduction.  The 4.5 cent change will go into effect July 1, 2011. The increase, however, is not retroactive to the beginning of the 2011 [...]

Gary Shipman Sworn in as a New Member of The UNCW Board of Trustees

On October 23, 2009, in Attorney Gregory M. Katzman, Firm News, S&W In the News, by S&W Blog Admin

 Following the ceremony Mr. Shipman states “I am deeply honored that the Governor has entrusted me with the obligations as a member of the Board of Trustees of my alma-mater. I am deeply passionate about UNC-W, and intend to contribute my efforts to insuring that this University maintains and surpasses its historical successes.”