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Washington, DC 20001

  • Toll Free 1.888.564.6273
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Op-ed Placement

The IRS Has Unleashed a Massive New Regulation

As Americans prepare to celebrate Independence Day, the Internal Revenue Service has unleashed a massive new regulation under the guise of reducing tax evasion. The Foreign Account Tax Compliance Act - FATCA - took effect July 1, imposing substantial new compliance requirements and paperwork burdens on foreign financial institutions, which must now track the financial activity of U.S. citizens and report that information to the IRS. While there is scant evidence that this regulation will add significantly to federal revenues, there is more than a sinking feeling that the new law infringes upon the civil liberties of American citizens.

07/03/2014
Calling it Independence Day
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Blog

Calling it Independence Day

The Fourth of July is just a date. It is nothing but the technical name for the day stuck between July 3rd and July 5th. I suppose the date is more than satisfactory for fireworks and barbecues, but that’s not what the day is about. Doesn’t the day which celebrates our independence, our freedom, and the very essence of what it means to be American deserve a more distinguished name? Whatever happened to “Independence Day?”

07/04/2013
Independence Day
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Blog

Independence Day

Today we celebrate the birth of our nation, the day we told the British Empire that we were no longer subjects of their rule. On the 4th of July, 1776 we became America, a united group of 13 colonies brought together to form a union of liberty with respect for its people and the freedom instilled within us all by our Creator. In the many years since our Founding Fathers gave birth to this great nation it has been tested, it has been tried, but time and time again it has triumphed, emerging strong - a beacon of freedom to inspire the world.

07/04/2013