Tax Resolution

Amnesty for FBAR tax evasion on foreign financial accounts

US taxpayers must disclosed foreign bank accounts over $10,000 or face stiff civil and criminal penalties. There is an amnesty program until 9-23-09. Use an attorney to help you with the amnesty program because a CPA has only civil penalty immunities and could be forced to testify against the taxpayer. Fast Tube by Casper Share/Save »

Contractor who failed to withold $165,851 of employment taxes charge with tax evasion

The information alleges that for the years 2003 through 2006, Matuszwski paid his employees their gross wages by check and cash without withholding Federal Insurance Contributions Act, or FICA, taxes or income taxes, as he knew he was required to do. The information charges that Matuszwski attempted to evade the employment ... »

2nd of UBS’s super-wealthy private clients has pleaded guilty to tax evasion

Quoted from Robert Scheer who is the editor of Truthdig: One wonders if Phil Gramm has been made just a tad nervous by the news on Tuesday that one of UBS’s super-wealthy private clients has pleaded guilty to tax evasion. That’s the second case in two weeks involving the bank at which the former senator... »

Treasury temporarily encouring voluntary disclosure for offshore accounts

Currently, the IRS is encouraging offshore bank account holders to come clean and avoid criminal prosecution and the more severe civil penalties. Excet from wsj.com, dated 4-8-09:  While lawyers say some clients are planning to come in voluntarily to the IRS, others are waiting for a clearer indication of who is eligible and how the IRS defines “voluntary.”... »

The High Cost of Offshore Tax and Financial Havens

by Joe Conason, syndicated columnist for The Stump Friday April 03, 2009, 6:30 AM The costs imposed on the world by those selfish little entities are too great to ignore any longer. Vast amounts of taxable wealth, last estimated to exceed $12 trillion, are hidden in the protected banks of tax-haven principalities, with annual losses to... »

How to Get Your Tax Return

There are two easy and convenient options for obtaining copies of your federal tax return information — tax return transcripts and tax account transcripts by phone or by mail. A tax return transcript shows most line items from the tax return (Form 1040, 1040A or 1040EZ) as it was originally filed, including any accompanying forms... »

Settling with the IRS

Without filing Bankruptcy! Did you know that you can settle your debt with the IRS for just pennies on the dollar with their Offer in Compromise program? The program allows taxpayers to settle with the IRS on tax debt that has been incorrectly assessed or for liabilities they cannot afford to pay. The IRS Code states:... »

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Feature

On-line Conference

By Steven Feldman

Dlownload and use Skype to video conference and exchange faxes or files.  This requires a microphone and/or video attached to your computer. On-line Conference Payment Share/Save »

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