Tax Consequences of Pig Butchering Scams

In the News, Tax Collection Issues

I am outraged by pig-butchering scams, the contact-intensive fraud executed via fake profiles on social media sites meant to fatten victims, like pigs before slaughter. Victims of this scam have come to me for help dealing with the taxes that are invariably triggered when victims’ cash out retirement and investment accounts. That’s right: victims of pig-butchering scams not only lose retirement savings, investments and real property to scammers, but they also end up owing the IRS and California’s FTB hefty taxes on investment income! Read more »

The John Faucher Personal Tax Code

Did You Know?

I’d like to share with you all an excerpt from the Tax Code of John Faucher and Family. I hope this spurs some discussion and thought on the Tax Codes of your own families. And if, in reading this, you realize you may have gone a few years without paying all your feline taxes, give me a call, we can see if a cat creditor bankruptcy could get some of those debts discharged.

IRS’ Instagram Account – Biggest Surprises

Did You Know?, IRS

Faucher Law recently hired a terrific, new Administrative Assistant. Zoe came up to me the other day and asked “John! Have you seen the IRS’ Instagram account?! And it’s quite good.” Um, no. I didn’t even know the IRS had an Instagram account. I asked Zoe to tell us what she thought about the IRS’ Instagram account. Here’s her take: Read more »

My Time at Faucher Law by Paris

Bankruptcy, Bankruptcy Aftermath, Business, Did You Know?, John's Favorites & Recommendations, Lawyering, Life Lessons

Before I started at Faucher Law, I was finishing up my MSA (master of science in accounting) at San Diego State University. When I used to tell people about my accounting background, they asked if I liked tax, and my answer was always NO! Now here I am, half a year later, switching my answer: I kind of love tax! Listed below are the most surprising things I have learned at my time at Faucher Law and how they have changed my perspective on tax and bankruptcy.