Reprint of Blog Post - AnthonyParent: This is a true story: In 2011, “Steve,” a taxpayer in New York City, is in serious trouble with the IRS. He searches the internet for an “IRS tax attorney.” He makes the mistake of believing a tax resolution firm in California are attorneys (because they claim to be).…
Read more
Stat Notice or Form 870?
We are closing the appeal of an audit that's been ongoing for several years. The issue is that the income of a Foreign Corporation, owned by the taxpayer's foreign relative, is being attributed to the US taxpayer for the year 2010. This foreign Corporation had a large gain from the sale of an asset in…
Read more
Whistle Blower Leaks Offshore Financial Records of 550 Canadians!
As we posted on May 6, 2013 Whistleblower Exposes Massive Offshore Corruption! discussing the release this of an investigation by the International Consortium of Investigative Journalists into off-shore holdings of people and companies in more than 170 countries and territories hiding trillions of dollars in income and assets. Now we come to discover that the…
Read more
Cayman Banks to Disclose US Taxpayer's Information to the IRS!
We originally posted on August 26, 2013, Caymans Makes It Tougher for Wealthy to Hide Money! Were we discussed that the Cayman Islands, known as a haven for wealthy Americans seeking to stash cash overseas without scrutiny from the U.S. government, is about to become less secret. United States’ taxpayers are required to report offshore financial…
Read more
