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irs appeals are made at their headquarters. The Internal Revenue Service in washington d.c.
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IRS to Modify OVDP to Accommodate Non-willful tax evasion

OVDP changes to accommodate non-willful tax evasion The OVDP (Offshore Voluntary Disclosure Program) may face more modifications as IRS continues to focus on international tax compliance. The IRS Commissioner John Koskinen hinted on the upcoming…
expats are expected by the IRS to file an FBAR
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IRS Deadline for U.S. Citizens and Resident Aliens Abroad

IRS Expectations of U.S. Citizens and Resident Aliens Abroad IRS  (Internal Revenue Service) in one of its news releases has reminded U.S. citizens and resident aliens abroad of the deadline on their tax obligations. According to the IRS,…
The IRS U.S. Court building in Washington DC, a courthouse where cases on the Trust Fund Recover Penalty (TFRP) are held
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Tax Evasion Not Cured with QI Pacts

Tax Evasion under QI agreements On Feb. 28 2014, Thomas Sawyer, senior counsel on international tax matters with the DOJ’s Tax Division, clarified that banks who have helped clients hide assets from the US government aren’t immune from…
Folder tabs with focus on offshore account tab. Business concept image for illustration of tax evasion.
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Tax Evasion Causes Cash Abroad to Rise

Tax Evasion and Profits US-based companies added $206 billion to their offshore profits last year, shielding earnings in low-tax countries. Bloomberg News reports that multinational companies have accumulated $1.95 trillion outside the…
The Organization for Economic Cooperation and Development (“OECD”)
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OECD Releases First Pillar of Model Framework

The Organization for Economic Cooperation and Development (“OECD”) The Organization for Economic Cooperation and Development (“OECD”) has released the first pillar of its model framework for automatic exchange of tax information. Standardized…
Offshore financial accounts are the target of a recent IRS crackdown on tax evasion
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Offshore Accounts and the Offshore Voluntary Disclosure Program

The Justice Department Crackdown on Offshore Foreign Accounts Since the Justice Department raised the threat of prison time for Americans who did not reveal their offshore accounts, the tax-evader crackdown has proven very successful for…
Tax evasion is a crime, it is better to get the help of a qualified tax attorney to help you file your FBAR returns
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Don’t pack your bags just yet

Don’t pack your bags just yet; you may not be going anywhere. The Senate  bill 1813 may just be the reason why you as a tax payer that owes the IRS taxes might just not be in a hurry to pack up your bags. In case you are planning on going…