As published in the Winter Park/Maitland Observer, Thursday Jan. 3, 2012 Edition Offers... Read More »
Articles from June 2012
IRS OFFSHORE VOLUNTARY DISCLOSURE AMNESTY
Peter Pappas discusses the IRS’s extension of the Offshore Voluntary Disclosure Intiative (OVDI). Taxpayers with unreported foreign accounts and unreported foreign income are urged to come forward and participate in the OVDI program to avoid serious civil and criminal penalties. This is a great opportunity and one that every offshore account holder should seriously consider. Call…
Read Full Article Categorized in: Podcasts, Voluntary disclosureOVDI Update: IRS Gives Offshore Account Holders Yet Another Chance
We recentlly announced that the IRS is extending its Offshore Voluntary Disclosure Intiative (OVDI). Since September 2011, we have received hundreds of calls from offshore account holders who wanted to get into the OVDI program. Unfortunately, until now, we have had to tell them that it was too late. Once again, if you have a…
Read Full Article Categorized in: Voluntary disclosureIRS Extends Offshore Voluntary Disclosure Initiative – OVDI 2012
The IRS has just announced that it will give offshore account holders another chance to avoid criminal prosecution and limit penalties. Call or email us today for a free consultation about the extended Offshore Voluntary Disclosure Initiative (OVDI). This is a great opportunity for taxpayers to avoid serious IRS problems.
Read Full Article Categorized in: Voluntary disclosureFAILURE TO REMIT FLORIDA SALES TAX IS A FELONY
In this episode of Taxation Nation tax attorney Peter Pappas discusses the Florida sales tax and what businesses and business owners should do if they have not paid over the sales taxes they have collected from their customers. Mr. Pappas explains that the Florida Department of Revenue has intensified its investigation and prosecution of restaurant,…
Read Full Article Categorized in: Florida Sales Tax, PodcastsIRS NOTICES: WHAT YOU NEED TO KNOW
In this episode of Taxation Nation tax attorney Peter Pappas discusses IRS enforced collection, liens, levies and seizures and the dreaded IRS Notice of Intent to Levy. Don’t ignore IRS notices. It only makes matters worse.
Read Full Article Categorized in: IRS Liens, PodcastsHOW TO GET AN IRS SETTLEMENT
Tax Attorney and CPA Peter C. Pappas of The Pappas Group explains the three types of IRS Offers in Compromise, 1) Doubt as to Collectibility, 2) Doubt as to Liability and 3) Effective Tax Administration and tells you the requirements of each type of settlement.
Read Full Article Categorized in: IRS Settlements, PodcastsThe Voluntary Buffett Rule and Designated Tax Payments
Professor Todd Henderson supports the Buffett Rule but says it should be voluntary: We can now add actor Will Smith to the growing list of celebrities, business leaders, and politicians who have recently come forward to complain that they don’t pay enough in taxes. Bill Gates has volunteered to pay more. So too has Warren…
Read Full Article Categorized in: Tax Policy