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Melih Oztalay

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Top Stories by Melih Oztalay

The Global Organisation for Economic Cooperation and Development’s proposed standard information exchange does not change the FATCA deadline. Jeffrey S. Freeman, J.D., LL.M It is estimated that the U.S. economy suffers a $500 billion loss annually due to tax evasion on foreign source income and assets hidden outside the country. This estimate triggered the creation of the Foreign Account Tax Compliance Act (FATCA) back in 2010 and is set to take effect on July 1, 2014. The United States has been entered into Inter-Governmental Agreements (IGAs) with over 22 countries and has reached agreements and is in negotiations more than a dozen more to report the required financial data for accounts. FATCA has greatly increased global concern over the use of foreign accounts to evade government taxation. The European Union estimated that governments lose hundreds of billions ... (more)

The Jackson Estate Continues to Tangle with the IRS

Almost five years after Michael Jackson’s untimely death there is still dispute over the estate taxes owed. Jeffrey S. Freeman, J.D., LL.M Nearly five years after his death, Michael Jackson is still making headlines, but not for his musical abilities. This time it is for a fight with the IRS over his estate. The IRS recently informed Jackson’s executors that the estate owes $505 million in taxes and an additional $197 million in penalties, all together totally over $702 million. At the time of Jackson’s death in June 2009 Jackson’s executors estimated his net worth to be $7 mill... (more)

Acura Santa Barbara agrees as the Acura MDX is named Best Luxury 3-Row SUV for Families

U.S. News & World Report named the Acura MDX the 2014 Best Luxury 3-Row SUV for Families Acura Santa Barbara knows first-hand that parenting decision are always challenging, but selecting the car that meets that needs of your family and still delivers luxury refinement is not one of those decisions. Recently named by U.S. News & World Report as the 2014 Best Luxury 3-Row SUV for Families, the Acura MDX is the perfect SUV to impress your clients and your children. The 7-passenger MDX beat formidable competition by delivering higher levels of comfort, reliability, and interior spa... (more)

Acura Santa Barbara shares Ben Fold’s passion for the Best Music Experience

Acura and ELS Studio® Premium Audio from Panasonic are proud to sponsor the Ben Fold’s 2014 LIVE Tour coming soon to Acura Santa Barbara Customers. Being a singer-songwriter and audio purist, Ben Folds strives for the best when it comes to music. Acura Santa Barbara customers share his enthusiasm for music which is why it was a perfect match for Acura and ELS Studio® Premium Audio from Panasonic to sponsor his latest tour. The Ben Fold’s 2014 LIVE Tour kicked off in March and has performances scheduled in southern California in early September. The tour will feature orchestra-ba... (more)

SEO Tasks Are Dead, Marketing Processes Are Alive: A New Era In Web Marketing

In the past week a small business was referred to us asking about search engine optimization (SEO). When someone asks me about “seo” in 2014, the first thing in my mind is they are not familiar with the realities of website marketing and web marketing in today’s world. This was certainly going to be a educational conversation requiring patience and asking the right questions to bring this business owner up to speed. The conversation started out by finding more about: the business, their web address, whether they are dependent upon a specific geography for their revenue, and what ... (more)