News
FINAL RULE ISSUED UNDER THE CORPORATE TRANSPARENCY ACT – IMPLICATIONS FOR THE SMALL BUSINESS OWNER
FINAL RULE ISSUED UNDER THE CORPORATE TRANSPARENCY ACT – IMPLICATIONS FOR THE SMALL BUSINESS OWNER
The U.S. Department of the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) recently issued its…
AUDIT RISK TO INCREASE FOR LOW TO MIDDLE INCOME TAXPAYERS UNDER THE INFLATION REDUCTION ACT
AUDIT RISK TO INCREASE FOR LOW TO MIDDLE INCOME TAXPAYERS UNDER THE INFLATION REDUCTION ACT
The IRS estimates that individual taxpayers underreported their income tax on average by $245 billion…
Quiet Disclosures and the Civil Willful FBAR Penalty. Even Death Will Not Help You
Quiet Disclosures and the Civil Willful FBAR Penalty. Even Death Will Not Help You
The Government will examine efforts by a Taxpayer to avoid detection by the Internal Revenue…
HOW BIDEN’S TAX PROPOSAL WILL IMPACT GIFT AND ESTATE TAX PLANNING
HOW BIDEN’S TAX PROPOSAL WILL IMPACT GIFT AND ESTATE TAX PLANNING
The Biden Tax Proposal, if enacted, will have a significant impact on estate planning for…

OVDP Coming to an End Soon
Internal Revenue Service plans to close the Offshore Voluntary Disclosure Program (OVDP) on September 18, 2018.…

New Developments in The Willful Civil FBAR Penalty
Current Developments May Make It Easier For the IRS To Assess Penalties After Willfully Failing…

Tax Evasion: No One Is Immune From Prosecution
The U.S Department of Justice, Tax Division:Federal Tax Prosecutions Continue Unabated Many taxpayers are skeptical…

The Liberal Elites: The Real Reason Why They Will Never Leave the USA
Why the Liberal Elites Will Never Leave the USA Despite Claiming Otherwise With the presidential…

Offshore Tax Compliance Prosecutions by the IRS
Offshore Tax Compliance Update – Recent IRS Tax Prosecutions The following convictions represent recent successful…

Delinquent IRS Trust Fund Taxes Update
The Trust Fund Penalty for Delinquent IRS Trust Fund Taxes If you owe back payroll…

FBAR Collections Ten Billion and Counting
IRS Releases 2016 Offshore Voluntary Compliance Statistics On October 21, 2016 the IRS released the…

Michigan Man Pleads Guilty To Tax Obstruction
“ANOTHER KNUCKLEHEAD BITES THE DUST” The definition of a Knucklehead is“someone considered to be of…