Offshore Voluntary Disclosure Program or OVDP is made primarily for those people who did know that they were actually needed to be reporting the foreign assets or income, and did not;...
Posted by Niner's Accounting & Tax Services, LLC on 09/14/2018
Non-credentialed tax return preparers are encouraged to join the IRS voluntary program called the Annual Filing Season Program (AFSP) and participate in continuing education (CE) courses....
Posted by Advantage Tax Service on 08/17/2018
Perhaps one of the biggest misconceptions about the capital gains taxes on real estate is that the passing of the Tax Cuts and Jobs Act in late 2017 means that major changes are coming....
Posted by Lone Star Tax Group on 02/12/2018
Improving offshore compliance has been a top priority of the Internal Revenue Service (IRS) for some time now. Because of this, people's ability to avoid detection is almost impossible,...
Posted by Omni Fidelity Associates on 02/08/2018
No one likes paying penalties. However, the IRS likes levying them to encourage tax compliance. Without there being penalties, many Americans could not even bother paying taxes. There...
Posted by Valderas Financial Solutions LLC on 12/06/2017
Paying taxes is the right thing to do as a citizen. But it's not the easiest thing to do. Regardless of how compliant you are with the law, paying the IRS your hard-earned money...
Posted by Corvino & Verwys Certified Tax Resolution Specialists on 03/01/2017
For a number of individual taxpayers who find they owe the IRS, the tax bill might be more than they can afford to pay by the annual tax deadline. Even if you cannot afford your tax...
Taxes will always be a headache. No matter how familiar you are with the tax laws you will never really be up for Caesar's gnawing demands. The Brian Walsh in Mahwah NJ, we know how...
Hello everyone, Joe Gormley, CPA here to answer your financial questions. One common observation I’ve seen about mid-sized businesses is that many prefer to cut corners when trying...