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Is your home or business at risk in the collection process?

On behalf of Janathan L. Allen, APC posted in IRS on Wednesday, July 15, 2015. Let's say that the IRS informed you that you owe the agency money for back taxes or tax debt. This isn't exactly rare, but it isn't exactly common either. When you are informed, it will...

Tips for FATCA dodgers on getting right with the IRS

On behalf of Janathan L. Allen, APC posted in Delinquency on Friday, July 10, 2015. In recent years, the U.S. government has taken numerous steps to crack-down on foreign account holders and possible acts of tax evasion. With the passage and enaction of the Foreign Account Tax Compliance Act, U.S....

26 Swiss Banks Added to IRS 50% OVDP Penalty List … So Far

By Janathan L. Allen, APC of Janathan L. Allen, APC posted in FBAR on Monday, July 6, 2015. The IRS has identified 26 Swiss banks who they believe have made specific efforts to help US taxpayers to evade income taxes.  The mandatory penalty for these institutions will be 50%, instead...