Rarely do I get the chance to draw historical parallels when I write about modern day tax issues. However, I have a passion for history, so I thought I would take a minute to introduce this article by starting with the broader topic of the history of Tax Evasion.
There are two filing deadline dates rapidly approaching that certain taxpayers need to be aware of: June 15 and June 30.
The Department of Justice, Tax Division, has come to agreement with four new Swiss banks. The NPA agreements were signed by the following banks:
The Department of Justice has maintained a historical pattern of aggressive action around the summer months starting with March and going through August. Here is a quick timeline of historical events during these months:
This article today will attempt to provide a simple (I stress the word simple to my fellow colleagues) history of the law in this area as of the most recent statutory progression and the development of the sparse case law.
For taxpayers seeking relief under Streamline Filing Compliance Procedures, recent IRS changes provide some welcome news.
The IRS now resorts to indirect, ancillary methods to assist with the assessment and collection of tax due. This article explores three such methods identified recently by the National Taxpayer Advocate.
On June 19th, 2015, the Department of Justice (DOJ) came to an agreement under the Swiss Bank Program with two new Swiss banks, Bank Linth LLB AG and Bank Sparhafen Zurich AG.
An uncooperative taxpayer in the eyes of the IRS is simply one who is non-compliant. Non-compliance can mean many different things such as failing to file tax returns, failing to file informational returns or reports, and/or filing a tax return with a balance due and failing to make payment or payment arrangements.