Posts Tagged ‘FBAR’
Wednesday, November 18th, 2009
The latest IRS step-up in tax collection crackdown has some 14,700 wealthy Americans shaking in their chairs. The IRS reports that it has been seeing an “unprecedented” number of Americans who have come forward before the October 15th amnesty deadline. Offshore account holders who voluntarily disclose their unpaid back taxes on foreign funds by this deadline are able to receive reduced IRS penalties.
For those who did not make the deadline
Tags: Back Taxes, Douglas Shulman, FBAR, IRS offshore tax settlement, October 15th, offshore account amnesty, offshore tax settlement, Reuters, tax help, UBS
Posted in Back Taxes, Offshore Tax Settlements, Seeking Professional Tax Help, Tax news and tips, tax help | Comments Off
Tuesday, November 17th, 2009
We provide offshore tax evasion defense for clients who have been targeted by the IRS. And I’ve heard on many occasions that it’s difficult to find reliable offshore tax resolution information on the Internet. So we’ve added a new tax help resource devoted to IRS offshore tax settlements to to further help people with overseas accounts by educating them on their options for tax relief.
Each year, the government racks up
Tags: Back Taxes, FBAR, IRS amnesty, IRS offshore tax settlements, offshore bank accounts, Penalty Abatement, tax advice, tax attorney, tax help
Posted in Back Taxes, IRS help, Offshore Tax Settlements, Penalty Abatement, Seeking Professional Tax Help, Tax Relief News | No Comments »
Tuesday, October 13th, 2009
This Thursday’s deadline for Amnesty has many wealthy Americans with foreign bank accounts nervous and scrambling to get tax help from their tax attorneys. Don’t miss your chance of significantly reducing your likelihood of facing criminal prosecution–if you have foreign bank accounts (either with UBS or some other foreign bank) with funds that you have not paid taxes on, get tax help now before it’s too late.
The issue started this
Tags: Amnesty deadline October 15th, Back Taxes, FBAR, foreign bank accounts, IRS payment plan, IRS penalties, Penalty Abatement, reducing IRS penalties, tax attorney, tax relief, tax resolution, UBS
Posted in Back Taxes, Expert Help From Tax Attorney, IRS help, Penalty Abatement, Seeking Professional Tax Help, Tax news and tips, Voluntary Disclosure | No Comments »
Monday, September 21st, 2009
In an effort to keep the doors open for foreign bank account holders wary of criminal prosecution, the IRS has extended the deadline for voluntary disclosure from September 23rd to October 15th, giving taxpayers an extra 2.5 weeks to come clean about their undeclared income.
If you have undeclared funds in foreign bank accounts, now is the time to act in order to reduce your chances of criminal prosecution and to
Tags: amnesty period, Back Taxes, delinquent taxes, FBAR, IRS debt, Michael Rozbruch, substitute for return, tax attorney, tax evasion, tax relief, tax resolution
Posted in Back Taxes, IRS help, Tax news and tips | No Comments »
Thursday, September 17th, 2009
As the IRS Amnesty Period is drawing quickly to its expiration date next Wednesday, September 23rd, 2009, overseas account holders must act quickly to voluntarily disclose their funds abroad to reduce their chances of criminal prosecution.
Over Labor Day weekend, a member of the wealthy and privileged elite, Finn M. W. Caspersen, took his own life in the Shelter Harbor Golf Club in Rhode Island. Authorities believed that Caspersen may have
Tags: Back Taxes, delinquent tax returns, delinquent taxes, failure to file, FBAR, Finn M. W. Caspersen, Free Tax Consultation, IRS debt, irs problems, Michael Rozbruch, overseas bank account holders, tax attorney, tax evasion, tax expert, tax help, tax resolution, UBS deal
Posted in Back Taxes, Tax news and tips, tax help | 1 Comment »
Friday, July 31st, 2009
UBS has just struck a deal with the US Government to give up 52,000 names of Americans who have Swiss bank accounts. In the upcoming weeks, we can expect to see many guilty tax evaders being charged with heavy IRS penalties as well as innocent account holders who will need to defend themselves. (Read more about the latest UBS settlement.)
It is not uncommon for American businesspeople to hold foreign bank
Tags: delinquent taxes, FBAR, foreign bank account compliance, IRS audits, IRS enforcement, IRS help, irs problems, Michael Rozbruch, offshore accounts, tax audit, tax audits, tax cheat, tax cheats, tax evasion, tax fraud, tax help, Tax Tips, UBS tax settlement, Voluntary Disclosure
Posted in Penalty Abatement, Seeking Professional Tax Help, Taxpayer Rights, Voluntary Disclosure | 2 Comments »
Monday, June 29th, 2009
In an effort to bring more tax evaders to the surface, the IRS has issued a new voluntary offshore compliance initiative in March of 2009, which provides more lenient penalties for tax evaders who have placed their assets overseas. In this initiative, taxpayers who voluntarily disclose their wrongdoings will only be punished with paying back taxes, certain penalties, and interest. Those who come forward will not face criminal charges unless
Tags: Back Taxes, FBAR, interest, IRS debt, irs news, penalties, quiet disclosures, tax audit, tax deadline, tax help, tax problems, tax resolution, voluntary offshore compliance initiative
Posted in IRS Overview, Penalty Abatement, Tax Debt Help News, Tax Relief News, Tax news and tips, tax help | No Comments »