Richard S. Lehman Esq.

Taxpayers may lose their tax deduction for a theft loss if they have a reasonable prospect of recovering all or a portion of the loss. In such cases, the theft loss deduction will be postponed unt ...

United States tax attorney, Richard S. Lehman has created many educational videos to help educate the public on United States taxation. This fifty-minute educational video is about getting tax ref ...

In this video, we’ll discuss a unique tax refund scenario related to Ponzi schemes. Imagine someone making money in a Ponzi scheme, and years later, when the scheme collapses, a trustee is appoint ...

Bernie Madoff’s Massive Ponzi Scheme: Bernie Madoff, a prominent figure in the international tax field, orchestrated a fraudulent investment scheme that deceived hundreds, if not thousands, of inv ...

It is important to remember that the IRS is not in business to give back money. The âSafe Harborâ (Rev. Proc. 2009-20) needs to be studied carefully, because it could be extremely expensive from a ...

A United States Tax Attorney and Cryptocurrency CPA may be the ideal team depending on your specific situation and needs. While there is some overlap in the services provided by tax attorneys and ...

The failure to deduct tax losses in the correct year and entering into settlements that may result in a reduced value of the loss are the two most significant errors that can lead to the loss of m ...

In 2008, the Internal Revenue Service was not ready to solve the Madoff disaster. However, they quickly did the best that they could and published two documents to at least help the victims of thi ...

The Ponzi Scheme is a theft loss, and is tax deductible in the year the loss is discovered. It is important to note, recently (January 24, 2023) the IRS updated questions on common digital assets ...

The Revenue Ruling 2009-9 and IRS Safe Harbor (Revenue Procedure 2009-20) In 2009, two important documents were issued by the IRS regarding the taxation of Ponzi schemes. In the Rev. Rul. 2009-9, ...

REPORT No. 2: FTX and Sam Bankman-Fried FraudBy Richard S. Lehman, United States tax Attorney Introduction Report No. 1 introduced the reader to a key phrase. The phrase is a reasonable prospect o ...

REPORT No. 1: FTX and Sam Bankman-Fried FraudBy Richard S. Lehman, United States Tax Attorney Introduction The following is Report No. 1 in what is intended to be a series of reports focusing on t ...

After careful consideration, I have recently become Of Counsel with the prestigious South Florida law firm of Dorot & Benison PL. Through this of-counsel relationship you will have direct access t ...

Many of us generally know that a Ponzi scheme is when someone pretends that there is an investment, but in fact doesn’t use the investors’ money to invest in anything. The schemer uses other inves ...

When things don’t make news or headlines, we tend to think that they are not actually happening. But when it comes to Ponzi schemes, that couldn’t be further from the truth. Although they don’t of ...

One of the larger Ponzi schemes to ever make the news unfortunately came from South Florida, and even more unfortunately came at the hands of a then-licensed, seemingly successful attorney. Scott ...

When it comes to Ponzi schemes, it seems like there are always new ways to try to defraud people. Recently, the popular scheme was about cryptocurrency, an already somewhat risky investment, even ...

The I.R.S. can suddenly withdraw this program. Eligible taxpayers need to act quickly.
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The post Tax and Penalty Obligations, Offshore Bank And Foreign Asset Disclosure Reporting appe ...

By now in 2020, most American taxpayers are aware of the fact that a lot of new laws have been put in place to make sure that the U.S. taxpayer is reporting all of their offshore income their offs ...

Throughout November and December Mr. Lehman is presenting these live webinars.
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The post Upcoming Live Webinars with Richard S. Lehman appeared first on LEHMAN TAX LAW.

United States Tax Attorney, Richard S. Lehman presents these webinars live. They are all accredited webinars and they are free.  Participants must register in advance of the webinar to receive cre ...

I want to make everyone aware that there is actually two different programs.  One applies to Americans who live in America. The other one applies to U.S. taxpayers who have been living offshore, ...

I want to make everyone aware that there is actually two different programs.  One applies to Americans who live in America. The other one applies to U.S. taxpayers who have been living offshore, a ...

Welcome To The Lehman Tax Law Library.
I’ve been practicing law for 50 years now and I’ve been lucky enough for the last 10 years to be specialized in a few different areas of United States tax l ...

Welcome To The Lehman Tax Law Library. I’ve been practicing law for 50 years now and I’ve been lucky enough for the last 10 years to be specialized in a few different areas of United States tax la ...

First of all, with the elimination of Loss Carry Backs under the new Tax Cut and Jobs Act, it is important for Ponzi Scheme losses that could be deducted in 2016 – 2017 be carefully studied.
Eith ...

First of all, with the elimination of Loss Carry Backs under the new Tax Cut and Jobs Act, it is important for Ponzi Scheme losses that could be deducted in 2016 – 2017 be carefully studied. Eithe ...

Explore the alternative U.S. tax patterns available to the foreign investor.
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The post General Taxation of Foreign Investors appeared first on LEHMAN TAX LAW.

Foreign investors are prevalent in the United States in almost every form of investment; buying companies, trading and selling goods and operating subsidiary businesses. The foreign investors’ tax ...

The new Trump Tax Bill affects the Ponzi Scheme investment tax loss deduction to one degree or another. It appears, at first glance to be one of the few areas of the new tax law that may have los ...

First of all, it is important to know that the new Tax Cut & Jobs Act (TCJA) of 2017 does affects the Ponzi Scheme investment tax loss deduction to one degree or another. It appears, at first glan ...

There is a unique section of the Internal Revenue Code that permits investors who are forced to make a pay back of profits, to be able to go back in time (even after the Statute of Limitations ha ...

Ponzi Scheme Theft Losses And The Repayment Of Profits By Those Who Prospered (The “Clawback”) Investors in Ponzi Schemes that profit from those schemes are often called upon to return those profi ...

CLE Credits 1.5
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The post CLE Course: General Overview of United States Taxation of Foreign Investors appeared first on LEHMAN TAX LAW.

Level: Intermediate CLE Credits General 1.5 Certification Credits Business Litigation 1.5 International Law 1.5 International Litigation & Arbitration 1.5 Real Estate 1.5 Tax Law 1.5 Upon completi ...

CLE Credits: 2.5
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The post CLE Course: Tax Planning For The Foreign Real Estate Investor appeared first on LEHMAN TAX LAW.

Level: Intermediate CLE Credits General 2.5 Certification Credits Business Litigation  2.5 International Law  2.5 Real Estate  2.5 Tax Law  2.5 Wills, Trusts and Estates 2.5 Upon completion of thi ...

CLE Credits: 2.0
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The post CLE Course: Clawback in a Ponzi Scheme – Maximum Tax Recovery appeared first on LEHMAN TAX LAW.

So long as they have not yet filed a a final resolution with the IRS they'll be able even though they're in the Offshore Voluntary Disclosure Program, they too will be able to go into the Streaml ...

There are several techniques that can be used to insure there is no tax in the U.S. on gains and earnings accrued before U.S. residency. This presentation will review the principals behind these ...

It is very important that those taxpayers who have similar situations double check their status before paying taxes under Code Section 965.
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The post Did Taxpayers Pay A Tax They Did ...

There are three items that have changed in this area of the law as a result of the “Trump Tax Cuts & Jobs Act.”
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The post The Tax Law Still Allows A Tax Recovery Of Financial Theft Lo ...

The interest by foreign investors in United States vacation homes and the purchase of homes for rental to tenants is booming.
A foreign owner (“nonresident alien”); who wishes to stay in the Unit ...

The Offshore Voluntary Disclosure Program since September 28, 2018 is no longer available to taxpayers who have not reported their omitted foreign bank accounts and certain foreign assets. Howeve ...

After September 28 of 2018, a taxpayer will no longer be able to submit their name to the Internal Revenue for clearance in advance. This clearance assured that the taxpayer would not be subject ...