As published in the Winter Park/Maitland Observer, Thursday Jan. 3, 2012 Edition Offers... Read More »
Articles from July 2012
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Read Full Article Categorized in: FeaturesGallup: Americans Don’t Much Like Class Warfare
What if they waged a class war and nobody showed up? Jeffrey Jones of Gallup Politics tells us: PRINCETON, NJ — Creating good jobs, reducing corruption in the federal government, and reducing the federal budget deficit score highest when Americans rate 12 issues as priorities for the next president to address. Americans assign much less…
Read Full Article Categorized in: Campaign 2012, Tax PolicyAvoid Penalties & Prosecution
Protecting taxpayers’ rights before the IRS and in Federal & State Criminal Courts.
Read Full Article Categorized in: FeaturesThe IRS Violates Taxpayer Rights Again
If the IRS followed its own procedures and honored the three Taxpayer Bills of Rights, fewer taxpayers would need to hire a tax attorney, CPA or enrolled agent to represent them. But time and again IRS officials, often with the blessing of their supervisors, engage in actions that are illegal. For example, the Treasury Inspector…
Read Full Article Categorized in: IRS Liens, IRS Procedure, Taxpayer RightsHOW TO GET INNOCENT SPOUSE RELIEF
Taxation Nation is a weekly tax broadcast brought to you by CPA and tax law firm The Pappas Group, making your taxes less taxing for more than 20 years. If you signed a joint tax return with your spouse and don’t think you should be held liable for the taxes, penalties and interest related to…
Read Full Article Categorized in: Innocent Spouse, PodcastsFlorida Man Convicted for Unreported Foreign Account
If you own or have signature authority over a foreign account and put in the name of another entity in order to hide it from the IRS or avoid the FBAR disclosure requirements, you can count on a criminal prosecution if the IRS catches you. Wolfgang Roessel has been convicted of filing a false tax return, a…
Read Full Article Categorized in: Criminal Tax, Voluntary disclosureSinger Lauryn Hill Guilty of Failing to File Tax Returns
The Associated Press reports that singer Lauryn Hill pleaded guilty to failing to file tax returns on more than $1.5 million she earned from 2005 through 2007. Hill’s attorney said she plans on paying the back taxes, interest and penalties before she is sentenced in November. Ms. Hill claimed that she didn’t pay her taxes because “she withdrew…
Read Full Article Categorized in: Back Taxes, Criminal Tax, Unfiled ReturnsFBAR Penalty Stories
Joe Kristan has a nice little post about the absurd FBAR penalties: Another inspiring tale of international tax enforcement from Phil Hodgen: I’m 33 and single, I’ve been living in France for 13 years, am naturalized French (and born American). I had NO idea about these reports until I started searching on tax information for…
Read Full Article Categorized in: Voluntary disclosureIRS Criminal Penalties for Delinquent Offshore Account Holders
In considering whether or not to participate in the IRS’s Offshore Voluntary Disclosure Initiative (OVDI) taxpayers should be aware that if they do not participate and are caught they face a possible ten year prison sentence, a $500,000 fine and a civil penalty of 50% of the the highest account balance for each year the FBAR was…
Read Full Article Categorized in: Voluntary disclosure