In a recent case concerning the civil penalties for failing to report non-U.S. financial accounts on the Foreign Bank Account Report, the U.S. Court of…
The Internal Revenue Service (IRS) will once again conduct in-person conferences for field office appeals if requested by a taxpayer.
The Internal Revenue Service (IRS) has created a new fast track medication program to resolve some offer-in-compromise (OIC) and trust fund recovery penalty (TFRP) disputes.…
The Internal Revenue Service defines an audit as “a review/examination of an organization’s or individual’s accounts and financial information to ensure information is being reported…
Banks and financial institutions around the world are mailing letters to account holders requesting U.S. tax documentation. If you have received a letter similar to…
Interest and penalty charges related to payroll and employment tax problems can be very costly for employers, especially small businesses and family owned businesses. The…
The U.S. Department of Justice reports 18,000 retired U.S. military personnel are living outside the United States. If you are a U.S. taxpayer living outside…
If you have an interest in or signature authority over a foreign account and you haven’t disclosed it to the Internal Revenue Service yet, time…
The Internal Revenue Service has identified twelve fraudulent tax scams for taxpayers to avoid this tax season. The list contains includes warnings against scams such…
Here is another Internal Revenue Service (IRS) training video, CPE FY 2012, a parody of the popular tv show Mad Men.