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May 2012 Archives

Facebook executive saves on taxes, ditches the U.S.

If you've ever tried to get someone to do something they don't want to do, you may agree with the concept that people do things for their own reasons, and not for yours. We may never truly know the reasons that led a Facebook executive to renounce his U.S. citizenship and leave our sunny California skies. However, we do know the result of that decision.

Prosecutors drop tax fraud charge against San Francisco man. Why?

In an earlier post, our San Francisco Bay area readers learned about the Internal Revenue Service's increased efforts for compliance regarding earnings in foreign bank accounts. In light of that, why would federal prosecutors drop charges against a San Francisco man?

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