Questions? Feedback? powered by Olark live chat software

Tax return

May 5, 2020
Photo by Eric Prouzet on Unsplash

The Government Continues Its Fight Against Undeclared Foreign Bank & Financial Accounts

Although it is not illegal to utilize a foreign bank account, the federal government’s attitude toward Americans who have them can be best described as untrusting. […]
May 4, 2020
Updated IRS Voluntary Disclosure Procedures Replace OVDP, But Creates Increased Risks and Expense for Taxpayers

Pandemic Creates Small Time Window for Taxpayers to Clean Up Tax Fraud

The COVID-19 pandemic has caused a dramatic change in how Americans conduct their daily lives. From getting groceries to going to work, the new normal involves […]
March 26, 2020
IRS building

Treasury Secretary Indicates That High-Earnings Individuals Are in IRS Crosshairs

In comments made to lawmakers in the House of Representatives earlier this month, Treasury Secretary Steven Mnuchin indicated that the IRS would be ramping up enforcement […]
March 23, 2020
Owing on Your Tax Return—What Should You Do If You Cannot Pay it Off?

Repeat Non-Filer Pleads Guilty to Tax Evasion, Faces Lengthy Prison Sentence

According to a Department of Justice press release, a repeat non-filer recently pleaded guilty to one count of tax evasion. Although continued non-compliance may appear tempting […]
January 12, 2020

Recent OTA Ruling Puts Out-of-State Service Providers At Risk

In a recent case decided by the California Office of Tax Appeals (“OTA”), a three-judge administrative law panel interpreted the state’s income apportionment and sourcing rules […]
April 3, 2019

Las Vegas Real Estate Broker Convicted of Failing to File Returns, Tax Evasion

According to a Department of Justice press release, a Las Vegas real estate broker was recently convicted of failing to file tax returns or pay tax […]