FBAR filing – Can it trigger an audit?
Why is it so important to understand the difference between being “willful”, and being “non-willful” when it comes to FBAR filing? And what are your chances of going through an FBAR audit? …
Month: March 2017
The use of private debt collections for IRS tax debts
After a massive rash of IRS scam calls, in which operators claimed to be the IRS and intimidated and tricked individuals into paying non-existent tax bills, the IRS issued statement after statement to clarify legitimate ta collection from criminal. The IRS claimed a taxpayer should know that IRS never calls taxpayers. That is, if someone is calling you about a past tax debt, the call is not legitimate. On March 23, 2017 this all changed.
Can you beat the 63% average score? Take the FBAR knowledge challenge
The consequences of filing an incorrect FBAR can be very severe. Before you file your FBAR, ask yourself, how well do you know the intricacies of the law? Take the IRSMedic FBAR challenge quiz now.
Passport Revocation Notices – The stream begins
The last update we saw on the IRS’ website was: “The IRS has not yet started certifying tax debt to the State Department. Certifications to the State Department will begin in early 2017, and this webpage will be updated to indicate when this process has been implemented. The information presented here is for informational purposes only.” That was, until …
The-irsmedic-story
The first in the history of law In 1998, after decades of public service and at age 59 when most men would be thinking about retiring, founding partner David G. Parent, Esq., fulfilled a life-long dream and started attending Quinnipiac University School of Law. At the time he was working as an accountant for … Read more
Anthony E. Parent
Founding Partner Anthony E. Parent, Esq. is the founding partner of Parent & Parent LLP, the IRSMedic, a law firm dedicated to helping clients with a wide array of tax problems. In founding the firm, he brought together a combination of his academic study, excitement about business, and his love of standing up to large … Read more
David G. Parent, Esq.
Senior Partner Without David’s experience, resolve, and unwavering moral compass, IRSMedic would never have been possible. He began his expansive government tenure after graduating with a Bachelors in Political Science from Brown University and a Masters in Social Studies Education from Southern Connecticut State. Influenced by John F. Kennedy’s inauguration, David knew he wanted … Read more
IRS Notice LT11 – What does it mean?
The IRS will send you Notice LT11 if they haven’t received any payment from you for your overdue taxes. The letter is to advise you of their intent to seize your property or rights to property. So what action should you take?
Repeal FATCA: An update with Jim Jatras
Jim Jatras of www.repealfatca.com joins us for an update on the fight against FATCA. Jim details progress made in the fight he and his team have undertaken to try to get FATCA repealed as there’s been a lot of activity lately. He talks about working with Nigel Green of the deVere Group to rally…
