Entries by Tax Attorney

Ten Things To Consider If You Are Worried About Criminal Tax Fraud Charges

When it comes to committing tax fraud and other tax crimes, the IRS can leave you with nothing and even throw you in jail. Here’s some advice on how to protect yourself from the IRS, what to expect, and how to handle it. 1.         Get a lawyer. If the IRS criminally investigates you, this is […]

Swiss Bank Information On U.S. Accountholders Now Flowing To IRS WITHOUT Notice!

The United States Department Of Justice (DOJ) has received 106 requests from Swiss entities to participate in a settlement program aimed at ending a long-running probe of tax-dodging by Americans using Swiss bank accounts according to a senior US official. We previously reported that over 24% of secret accounts that were later voluntarily disclosed by […]

Nine Things That Will Elevate Your Chances Of Being Targeted By IRS For Past Nondisclosure Of Foreign Accounts and/or Failure To Report Worldwide Income

If you have undisclosed foreign accounts you have an important decision to make. That decision being – when do you start disclosing your foreign bank accounts and foreign income and how should you disclose? Many people thought that forever they can keep their foreign accounts a secret – not just from their creditors and spouses […]

Why Is It Better To Hire A Tax Attorney Instead Of Your Tax Preparer For Your OVDI Submission

A common question we hear a lot: My CPA who I have been going to for years has never told me that I had to report my foreign income. Now that I know I have to report my foreign income and disclose my foreign bank accounts, do I accept my CPA’s offer to represent me […]