201908.18
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IRS Streamlined Amnesty 2019 – How to Apply & Who Should I Hire?

IRS Streamlined Amnesty 2019 – How to Apply & Who Should I Hire? The 2019 IRS Streamlined Domestic Offshore Procedures and Streamlined Foreign Offshore Procedures are on shaky ground. These two programs were designed by the Internal Revenue Service as a temportary fix to help non-willful taxpayers get into offshore (FATCA and FBAR) compliance with…

201908.18
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Michigan FBAR Penalty & Summary Judgment for Willful Penalties

Michigan FBAR Penalty & Summary Judgment for Willful Penalties In 2018 the U.S. government filed a complaint for FBAR Penalties against Mr. and Mrs. Ott. The years at issue involving the unreported foreign accounts are 2007-2009. The IRS levied “willful FBAR Penalties,” but the Ott’s never made payment. Michigan FBAR Penalty & Summary Judgment In…

201908.15
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Can I Rely on Tax Lawyer Advice to Conceal FBAR Info from CPA?

Can I Rely on Tax Lawyer Advice to Conceal FBAR Info from CPA? There is a case Dadurian, that is making its way through the U.S. District Court for Southern District of Florida, involving the IRS and FBAR Penalties (Willful). Reliance on Lawyer Advice, FBAR & Reasonable Cause While the case is important to the…

201908.14
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Beware of Aggressive Tax Attorneys & “Insider Secret IRS Knowledge”

Beware of Aggressive Tax Attorneys & “Insider Secret IRS Knowledge” Recently a sweet, older lady client came to us from another law firm for representation in an IRS offshore disclosure matter; this is not uncommon. We specialize exclusively in this ares of law and have worked with thousands of clients worldwide.  Overly-Aggressive & Inexperienced Counsel…

201908.14
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Texas Sized FBAR Penalty & Importance of Experienced FBAR Counsel

Texas Sized FBAR Penalty & Importance of Experienced FBAR Counsel They say everything is bigger in Texas — and now you can add FBAR Penalties to the list. When it comes to the IRS and FBAR cases, the IRS means serious business. In the past few years, the IRS has significantly increased enforcement of FBAR…