On April 19, 2017 the IRS released FS-2017-07 advising taxpayers of how to confirm that it's really the IRS who is contacting them. Many taxpayers have encountered individuals impersonating IRS officials, in person, over the telephone and via email. Don’t get scammed. The IRS wants you to understand how and when the IRS contacts taxpayers and…
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Another Soccer Player Receives a Tax Red Card – Cristiano Ronaldo
The world's highest paid athlete, Cristiano Ronaldo, has been accused of tax evasion. The Real Madrid super star reeled in $93 million last year, putting him ahead of basketball giant LeBron James and La Liga rival, Lionel Messi. Ronaldo has been accused of failing to pay 14.7 million euros ($16.5 million) in taxes. The prosecutor’s…
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Revocation & Denial of Passport For Unpaid Taxes Is Happening NOW!
On January 18, 2018 we posted IRS to Begin Revoking US Passports of Delinquent Taxpayers in 2018! where we discussed that the IRS will start implementing new procedures required under a 2015 law to crack down on individuals with “seriously delinquent tax debts.” The IRS issued Notice 2018-1 on January 16, 2018, which provides guidance for implementation of the…
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Revocation & Denial of Passport For Unpaid Taxes Is Happing NOW!
On January 18, 2018 we posted IRS to Begin Revoking US Passports of Delinquent Taxpayers in 2018! where we discussed that the IRS will start implementing new procedures required under a 2015 law to crack down on individuals with “seriously delinquent tax debts.” The IRS issued Notice 2018-1 on January 16, 2018, which provides guidance for implementation of the…
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