IRS Offers Amnesty In Bid to Combat Tax-Shelter Abuse.Reports on the penalties and regulations imposed by the United States Internal Revenue System on tax-shelter abuse and the reporting of income taxes.McKinnonJohnD.EBSCO_bspWall Street Journal Eastern Edition...
That so many people believe the crap Obama is feeding us about illegal aliens getting amnesty and then “paying their taxes” like everyone else. Why? Because unless they are drug dealers or human traffickers and stupid enough to declare that income, none of them make enough money to actually...
The IRS has published some information about their Amnesty Program for those who may be involved in this UBS situation. They have extended the program, and they say there will be no more extensions. An amnesty offer with a "no FBAR penalty" is a "no brainer" for those who can come forw...
IRS tax relief from assessments, levy/garnishment, liens and other enforced collections R Currently not collectible status R The removing of levy/garnishment and obtaining of penalty abatement R Passport issues arising from IRS tax cases R Offshore amnesty/IRS Foreign Bank and Financial Accounts (FBA...
There has long been speculation that a special IRS amnesty program will be announced for Bitcoin and other digital currency taxpayers. It seems overdue. There’s a good deal of tax cleanup that some people need to do. But so far, we don’t have one. In the meantime, we still must file...
"Second Chan...]]>Lawrence S. HornRichard J. Sapinski
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This is due to the worldwide taxation policy practiced by the US. The IRS has been having an Offshore Voluntary Declaration Initiative (OVDI) for the last few months that offers a limited amnesty to those who have yet to declare their offshore assets. These assets are not limited to just...
By Edward Snook Investigative Reporter USA - Volumes have been written on the subject of paying or not paying the federal income tax even though the subject is very simple. Our founders didn't create an income tax because to do so would have been totally against the principles of freedom, ...
Ronald Marini explains the IRS's recent announcement of a penalty structure for voluntary disclosures that gives taxpayers the chance to avoid criminal prosecution, the civil fraud penalty and other penalties. [ FROM AUTHOR]MariniMariniRonaldMarini...