Virginia H. Grigg

Virginia H. Grigg Christian & Barton, LLP 909 E. Main Street, Suite 1200 Richmond, VA  23219 804-697-4154 vgrigg@cblaw.com Ms. Grigg is an attorney with Christian & Barton, L.L.P., where her primary area of practice is in trusts and estates.  Ms. Grigg received her B.A., cum laude, from James Madison University and her J.D. from T. C. Williams … Continue reading Virginia H. Grigg

IR-2019-151: IRS announces new procedures to enable certain expatriated individuals a way to come into compliance with their U.S. tax and filing obligations

 The Internal Revenue Service has announced new procedures that will enable certain expatriated individuals who relinquished their U.S. citizenship to come into compliance with their U.S. tax and filing obligations and receive relief for back taxes. The Relief Procedures for Certain Former Citizens apply only to individuals who have not filed U.S. tax returns as U.S. citizens … Continue reading IR-2019-151: IRS announces new procedures to enable certain expatriated individuals a way to come into compliance with their U.S. tax and filing obligations

Green, How To Avoid Taxes On Wash Sale Losses

Green describes how many securities traders face significant taxation of phantom income due to "wash sale losses disallowed" on the form 1099-B. Reportedly, traders are often unprepared to handle such situations because many brokers do not disclose wash sale losses during the year. Green's article outlines "how to deal with WS loss adjustments and how … Continue reading Green, How To Avoid Taxes On Wash Sale Losses

Townsend, FBAR Collection Suit Settled Before Jury Verdict Announced (8/27/19)

Townsend writes about the Federal Government's FBAR collection suit in United States v. Dadurian. Before the verdict was announced for the case, "the parties settled the case, where the Government originally sought judgment for $2.7 million, for $1 million." According to Townsend, "the jury verdict held Dadurian liable for the accounts she had caused to … Continue reading Townsend, FBAR Collection Suit Settled Before Jury Verdict Announced (8/27/19)

Morgan, Medicare Observation Status: Post-Trial Report

Morgan describes how a federal trial in Connecticut on observation status was recently concluded. According to the Center for Medicare Advocacy, since 2011, the organization "has been pursuing a nationwide class action lawsuit seeking an appeal for Medicare beneficiaries who are classified as hospital outpatients in observation status." Reportedly, "The Alexander trial was held before … Continue reading Morgan, Medicare Observation Status: Post-Trial Report

Resolving Tax Debts is Easy: It’s All About the Process

By Eric L. Green, Esq. Taxpayers often become frustrated and scared when dealing with the IRS on a back tax debt.In reality, however, resolving a tax debt is reasonably straightforward and can save taxpayers from unnecessary distress. A statutory lien is normally issued after tax returns are filed and payments must be arranged by the … Continue reading Resolving Tax Debts is Easy: It’s All About the Process