Month: January 2016

IRSMedic press release
For those in trouble with the IRS, picking the wrong defender can be dangerous.  Pick wrong and you could end up in jail or with a lifelong debt.

“The fakes and impostors are out there.  For those who are taken in by them the consequences can be devastating,” says …

You look at the caller id and it says ‘Internal Revenue Service’. Someone that sounds very official provides you with their ‘IRS identification badge number’ and tells you in no uncertain terms…

The standard Offshore Voluntary Disclosure Program (OVDP) “offshore penalty” on unreported foreign account is 27.5% of account values. Meanwhile, the Streamlined Domestic Offshore Procedures (SDOP) is 5% of the penalty base. So, it follows that the SDOP penalty should always be a better deal …

Can an IRS Offer in Compromise save me money?
We’ve heard this question asked of us in many different ways –   “How much should I offer the IRS?”, “You’re a tax attorney, tell me how much money you can save me”, or “What percentage should I offer to pay the IRS?” If we knew the exact answers …

Getting taxes done is often a project that sits on the back burner…in reality, who’s excited about doing their taxes? The good news is that you do have the option of asking the IRS for an extension to file your…

FATCA is a federal law that requires all US taxpayers, even those living outside of the US, to report their non-US financial accounts yearly. There are generally two forms needed to report your offshore accounts. The first is called the FBAR, and the second is …

Expats, or those with foreign income, often have different tax filing deadlines. They also often have more Forms to complete!