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November 2014 Archives

Offshore tax haven shocker: $1.8 billion fine for Credit Suisse

For several years, the Justice Department and U.S. taxing authorities have been working aggressively to implement the Foreign Account Tax Compliance Act, or FATCA. For the individual taxpayer who owns or has signatory authority over certain foreign assets or bank accounts, FATCA requires disclosure of those assets and accounts to the IRS. The idea is to stop U.S. taxpayers from hiding their assets in offshore "tax havens" in countries that don't share such information with the IRS directly.

The serious consequences of drug offenses in Chicago

For decades, the War on Drugs in the U.S. has resulted in massive arrest efforts and pushes to maximize penalties for even minor offenses. However, critics of this so-called war have been quick to point out that these law enforcement tactics have done little more than contribute to overpopulation in jails and skyrocketing numbers of people with criminal records.

2nd reversal in murder case shows justice system imperfections

It is a fact of the human condition that we make mistakes. As much as we would like to think our social structures, institutions and systems are without flaw, the reality is that they reflect merely reflect our ideals. They are only as good as the human beings who run them.

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Darryl A. Goldberg
33 North Dearborn Street
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Chicago, IL 60602

Phone: 773-793-3196
Fax: 312-782-7074
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