The IRS is Targeting the Illegal use of Micro-Captive Insurance Companies in 2020 One of the things IRS agents and auditors greatly frown upon is the […]
FBAR Non-Willful Penalties are Now “Per-Form,” Not Per-Account Each year, thousands of U.S. taxpayers who hold assets overseas or money in offshore bank or financial accounts […]
According to a Department of Justice press release, a New York City businessman recently pleaded guilty to tax evasion after being investigated for failing to file […]
Many individuals and businesses consider filing for bankruptcy to try to get back on the right financial track. This consideration often comes with many questions specific […]
When people think of reporting to the IRS, they generally think in terms of situations where money changes hands between parties, such as an employment relationship […]
Each year, thousands of Americans utilize foreign bank or financial accounts and employ foreign income-generating assets. Just because these assets are in a foreign country, however, […]
