THE LAW OFFICES OF ROBERT S. STEINBERG, P.A.

THINKING ABOUT TAXES The French philosopher Rene Descartes said, “I think, therefore I am.” Since we are all creatures of our own thoughts, let’s engage in some thinking about income taxes which too often present...

COME IN FROM THE COLD The IRS has announced a revised voluntary disclosure policy for those with un-reported foreign bank accounts who want to come in from the cold. CLIMATE CHANGE FOR OFFSHORE BANK ACCOUNTS Offshore or...

MORE ON MORTGAGE DEBT CANCELLATION TAX ISSUES Effects of the sub-prime mortgage debacle are no doubt being felt by all. Especially desperate are those who purchased dream castles during 2005, 2006 and 2007 and are now among...

MADOFF AND OTHER PONZI SCHEMES PRESENT TRICKY TAX ISSUES This issue summarizes in general terms some of the tax issues involved in attempting to claim a tax loss due to a Ponzi scheme fraud.  The article is written mostly...

MORTGAGE FORGIVENESS DEBT RELIEF ACT OF 2007 PRESENTS TRICKY TAX ISSUES Effects of the sub-prime mortgage debacle are no doubt being felt by all.  The relief granted by Congress to distressed homeowners who are released...