The Tax Lawyer’s Blog

    irs-audit

    Owe the IRS? You Can Lose You Passport.

    by Peter Pappas, 12-08-2015

    President Obama has signed a new passport revocation provision into law to help the IRS collect back taxes.  New § 7345 of the Internal Revenue Code has been added as a result of the passage of  H.R. 22 –…

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    WARNING: IRS Wants to Take Your Passport

    by Peter Pappas, 11-24-2015

    Congress has passed H.R.22, which, if signed by the President, will allow the IRS to confiscate the passports of citizens who owe the IRS more than $50,000 in taxes, penalties and interest. Congress calls this…

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    Depressed Businessman

    New Streamlined Procedures for Foreign Bank Account Violaters

    by Michael Krus, 01-21-2015

    IRS Gives Big Break to Non-Willful Foreign Bank Account Holders On June 18th, 2014, the IRS announced that it had put in place new procedures for foreign bank account holders that effectively reduce the delinquency…

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    A Case for the Corporate Income Tax?

    by Peter Pappas, 09-03-2014

    My old blogging friend, Joe Kristan, of Roth & Company has published his “Fight the Power” edition of Tax Roundup. In this case, the power to be fought isn’t the federal government, but private corporations….

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    Tax Gavel and Cuffs

    Failing to File a Tax Return is a Federal Tax Crime, Just Ask Wesley Snipes

    by Peter Pappas, 09-01-2014

    Actor Wesley Snipes went to jail for three years for failing to file his federal income tax returns. This should be a cautionary tale to any American or United States resident who has not filed…

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