On April 2, 2009, the IRS announced they will reduce the penalty for not filing a Report of Foreign Bank and Financial Account, known as a ...
Most Recent Articles For: IRS
Written by admin on September 25th, 2011
Written by admin on September 15th, 2011
Article by Elaine Voncannon
Anyone who purchases property understands the importance of making smart financial investments. In real estate, homebuyers and sellers have the same goal - to build wealth. There are many strategies that can help real estate investors maximize their investment potential and increase their return on investment ...
Written by admin on August 30th, 2011
Offshore International Today Aug 2011
Lance Wallach
You may want to think about participation in the IRS' offshore tax amnestyprogram (called the Offshore Voluntary Disclosure Initiative). Do you want to play audit roulette with the IRS? Some clients think they are too small to be prosecuted. They are wrong.
To the average ...
Written by admin on August 24th, 2011
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 ...
Written by admin on August 8th, 2011
On April 2, 2009 the U.S. Treasury rolled out a Voluntary Disclosure program (expiring on September 22, 2009). The goal of this program is to bring into the fold undisclosed foreign bank accounts and with them, a lot of tax revenue. The voluntary disclosure program is confiscatory and will ...
