If You Have to Keep it a Secret, It Probably Doesn’t Work

By | September 13th, 2011|Categories: Potpourri of Tax Topics|Tags: , , , |

Two Californians who called themselves "professional astrologers" have been barred from setting up trusts for clients.  The U.S. District Court ruling comes after the pair were accused of promoting tax fraud.  They had their clients sign an "oath of privacy" that prohibited the clients from disclosing information to the IRS.  Joe Kristan at the Tax Update [...]