In the latest Capital Account, the lovely Lauren Lyster asks David Selig, Federal Tax Practitioner for Selig & Associates, if U.S. citizens with overseas holdings of gold and other precious metals will be the next targets of IRS scrutiny? Our guest, David Selig, has concerns about the growing government attention being paid to the laws governing barter and how this may matter to owners of gold and silver. Tax professional David Selig walks us through the issues, starting with the barter laws on the books.
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