Streamlined compliance procedures for offshore account holders

In June 2014 the IRS established a new program for U.S. taxpayers with offshore bank accounts. This is an excellent opportunity for delinquent taxpayers to come forward voluntarily, avoid significant penalties and, most of all, avoid criminal tax charges.

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IRS Non-Collectible Status: What it means and do you qualify?

When you owe money to the IRS and cannot pay it in full there are generally 3 non-bankruptcy options available to you. This article will tell you more about what non-collectible status means.

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What the government must prove in a tax evasion case

What the Government Must Prove in a Tax Evasion Case

Tax evasion under 26 U.S.C. § 7201 is one of the more serious charges the federal government can bring against a taxpayer. To establish a violation of section 7201 for tax evasion, there are a number of elements that the IRS will need to prove.

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Is your business facing a FDOR Sales Tax Audit? You will want to read this…

Like the IRS, the Florida Department of Revenue generally audits Florida residents and Florida businesses because they have reason to believe they may not be in compliance with the tax laws.

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IRS Offering ‘Fresh Start’ Initiative to Taxpayers

The Internal Revenue Service is continuing its expansion of the “Fresh Start” initiative by offering more flexible terms to its Offer in Compromise (OIC) program that will enable some of the most financially distressed taxpayers to clear up their tax problems and in many cases more quickly than in the past.

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