The deadline for voluntarily disclosing offshore assets is rapidly approaching. If you are aware, or suspect, that your offshore tax matters are not compliant, now is the time to act.
Read MoreTo identify and reduce tax evasion through offshore tax accounts, US citizens are required to annually report assets held in foreign bank accounts. FATCA is a regulation that requires just such a filing.
Read MorePretty much any kind of correspondence from the Internal Revenue Service (IRS) is enough to ruin at least lunch. Receiving notice of an IRS civil tax audit can send a quiver of anxiety through anyone. To provide a heads-up on avoiding tax...
Read MoreDespite dogged pursuit of US citizens for tax fraud and hidden foreign bank accounts, the US ranks a global number two as a reliably safe place to stash secret cash.
Read MoreOffering an example of one of its “Dirty Dozen Tax Scams,” the Internal Revenue Service (IRS) permanently barred a tax professional from preparing tax returns for others.
Read MoreA 64-year-old man with a history of tax controversy pled guilty to tax crimes that will land him in prison for the next six years.
Read MoreIn early June, the Internal Revenue Service (IRS) took a step toward helping those with late payments associated with the new section 965 transition tax.
Read MoreA C-Suite executive is heading for prison for almost three years after committing tax fraud that netted him $1.7 million at the expense of his company.
Read MoreIn the spirit of the hurricane season, the Internal Revenue Service (IRS) offers advice on preparing your business or personal enterprise in the event of an emergency.
By storm, fire, earthquake, and even volcano, many areas in the US are...
Read MoreIf you have heard one fraudulent tax scheme, you have heard them all, right? It usually involves an individual who files false income tax returns for a number of years. But for Ana Bajo of Salinas, California, a few fraudulent tax returns were not...
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