November 22, 2014

What are the penalties for Spies tax evasion?

Spies evasion is a more serious offense than a simple misdemeanor for non-filing your tax return. This is because the mere non-filing of a tax return […]
March 27, 2014

What are the common issues that non-filers face?

Each year the IRS receives more than 150 million tax returns filed by individuals and businesses. But despite the nearly universal obligation to file taxes due […]
March 26, 2014
Will tax collection taken by authorities affect my credit

Will tax collection taken by authorities affect my credit

Tax liens will appear on your credit reports and will negatively affect your credit until they are released. These liens may also complicate but not necessarily […]
March 25, 2014
I concealed bank accounts from the government

I concealed bank accounts from the government

Case law has held that one commits attempted tax evasion (a felony) under IRC Section 7201 when (1) he fails to file a tax return and […]
March 25, 2014
What should I do to re-enter the tax system?

What should I do to re-enter the tax system?

IRS policy encourages non-filers to make a voluntarily disclosure by filing the delinquent returns, and thus bring themselves current on any outstanding filings and voluntarily report […]
March 25, 2014
What penalties can IRS impose on delinquent tax filings?

What penalties can IRS impose on delinquent tax filings?

Non-filing has a price and thus when you are eventually forced into compliance, interest and penalties may easily double the debt that would have been owed […]