We’d like to say that when people hire us that we can immediately…or at least within months…get them that final tax resolution that they so desperately want. That’s not always the case, though. Sometimes it can take years …

Peter had one foreign account from when he lived in Turkey. He kept this account open primarily as an emergency fund for his family, many of who still lived in Turkey. This particular fixed deposit account would roll over into different CDs every couple of months. Every time the CD would roll over it would generate a new account number. But in Peter’s eyes…

We are fortunate that so many of our great clients are kind enough to share their OVDP experience; to give hope and inspiration that any tax problem can be made better. Here are a few Offshore Disclosure  and FBAR Amnesty success stories.

“Thanks for everything” – …

Reginald called our office in early 2014. He was a US citizen who had been living in Germany since the 1990s. He met and married a wonderful woman and they had a beautiful family together. All things said, he made his life there and Germany was his home. Reginald was very successful in…

It would be nice if people hired us before the IRS and any state taxing agencies issued collection garnishments and liens. But with tax collectors being as fearsome as they are, and people falling into the traps that are known, many times we are hired by clients who are currently under wage …

Any individual struggling with taxes owed to the IRS has two things to worry about: 1) their tax problem, which demands a shocking amount of attention, and 2) filing their current year’s returns on time so that their overdue bill doesn’t get even more out of hand. Unfortunately for many people, …

At IRSMedic, we like to say that knowledge is power. Understanding how the IRS works and what rights taxpayers have can turn a bad outlook into a positive resolution. “Jonathan” hired our firm to help him with years of unfiled FBARs and unreported foreign income. Wanting to stay in compliance …

The IRS allows eligible taxpayers who are currently in the standard OVDP to be treated under the streamlined process. The streamlined process is worth considering because it has some seriously favorable penalty structures and look-back for unfiled returns. The streamlined program can be — for taxpayers who …

One of my cases at IRSMedic was with a client named Samantha. Instead of having one of the more clean-cut cases, she was the unfortunate participant of an overseas and foreign bank account reporting disclosure case. She had inherited an investment fund from her mother, and her mother had …