Article by Kevin Landau The Internal Revenue Service has power to impose a tax on income from around the globe. The IRS has universal jurisdiction to tax income anywhere it is earned — even it was earned on the moon! Not only that, it is a crime not to tell the Internal Revenue Service about … Read more
Article by Richard Grigg And the IRS demands to know where all the people foreign accounts are located — it is a crime to keep these foreign bank account secret if they are over $ 10,000.00 in value. For those taxpayers in non-compliance, the IRS ran two offshore voluntary disclosure initiatives (OVDI). The last one … Read more
Article by Roni Deutch The Internal Revenue Service (IRS) has implemented procedures for taxpayers to request a reimbursement of the fees charged by a bank against a taxpayer for processing a bank levy when the bank levy was issued erroneously by the IRS. Reimbursements are limited to $ 1,000.00 and must be claimed within one … Read more
Property owners of buildings and other business establishments normally sell their assets to be able to buy or upgrade to a new one. They want to reinvest their money for the purpose of making their income grow. This can also be another form of helping struggling businesses to the road of recovery. This well known … Read more
The Method of IRS Bank Account Levy An IRS bank account levy or bank account garnishment is among the toughest as well as heartless recovery components utilized by the Internal Revenue Service. Should you be underneath the supposition the IRS will recognize you will not have the ability to nourish yourself or even fit a … Read more