Tougher International Tax Enforcement is On the Horizon
Offshore Account UpdatePosted in on April 30, 2018
News & Events
Category: Offshore Account Update - Page 6
If the IRS has questions about your tax returns or if you are under investigation by the IRS, it's important for you to reach out to a Washington DC tax audit attorney who can help you. Read More
In 2009, the IRS launched a voluntary disclosure program for taxpayers affiliated with the United States who had undeclared offshore investment accounts. The voluntary disclosure program was intended to encourage U.S. affiliated taxpayers to come forward, report their accounts voluntarily and pay a reduced penalty. Taxpayers who came forward would also be protected from criminal prosecution if they were eligible to participate in the voluntary disclosure program.
Read MoreThe Global Industry of Tax Evasion…As Revealed By The Paradise Papers
Offshore Account UpdatePosted in on February 28, 2018
The IRS has become increasingly aggressive in trying to hunt down undeclared funds to fight tax evasion. In addition to going after accountholders with offshore holdings, the IRS has also begun to look hard at transactions involving Bitcoin and other virtual currencies. Read More
A Washington DC business tax attorney provides assistance to companies in ensuring they are in compliance with tax obligations as well as in taking legal steps to reduce the amount of taxes owed to the government.Read More
