Has the IRS stopped collecting taxes from high income earners? Is past performance an indicator of future risk associated with an IRS audit? A recent Newsweek article flatly stated “The government just admitted it doesn’t really try to collect rich people’s taxes.” A recent study by Syracuse University researchers showed...
The Taxpayer Bill of Rights – 10 Fundamental Rights for US Taxpayers
Are you aware of the Taxpayer Bill of Rights? We are reminded, especially during tax season, that taxpayers have 10 fundamental rights in dealing with the Internal Revenue Service, and that IRS employees are expected to understand and apply taxpayer rights throughout their process. This applies to an IRS audit...
IRS Revenue Officer Interviews Allow the IRS to Gain Additional Information to Use Against You
Why should you be cautious about IRS revenue officer interviews in San Diego? What are the risks to a US taxpayer in an IRS audit? If you have received a notice from the IRS regarding a tax audit you probably already realize the potential hazards you face in the immediate...
You Need Early Proactive Legal Counsel when Tax Issues Strike
Why do you need early proactive legal counsel when tax issues strike?? What do you need to know about communications with the IRS and California?s tax agencies? The idea that every person in the United States will accurately file their taxes by the April 15 due date is a fantasy....
They May be Fewer in Number but IRS Audits Are Increasingly Aggressive
They may be fewer in number but IRS audits are increasingly aggressive seeking a much bigger check from US taxpayers. The recent request by the IRS for additional funding may not present an immediate threat of increased audits, but this doesn't mean US taxpayers should relax or attempt to take...
An IRS Tax Audit Opens the Door for California Tax Agencies
Did you know that an IRS tax audit opens the door for California tax agencies? If you receive a notification from the agency regarding an IRS audit, you have several immediate concerns. Your tax attorney and accounting professional at Allen Barron will provide extensive guidance on what to expect from...
What are Willful Conduct and Willful Blindness in IRS FBAR Audits
What are willful conduct and willful blindness in IRS FBAR audits and court cases? It is important to begin with an understanding regarding IRS FBARs and when they are required. Any US taxpayer who has offshore bank or investment accounts (outside the United States) is required to prepare and file an...
US Expats a New IRS Target for FBAR Violations
What makes US expats a new IRS target for FBAR violations and undisclosed offshore assets? The IRS is instituting a new whistle-blower campaign for those who might help US expats and other US taxpayer clients. Allen Barron provides attorney-client protections for those who are working on the disclosure of foreign...
Unusual Non-Willful Court Decision in Pennsylvania FBAR Case
A recent case in the United States District Court for the Eastern District of Pennsylvania has turned the recent tide of IRS victories regarding "willful versus non-willful" intent in FBAR related compliance cases. The unusual non-willful court decision found the US taxpayer was not "willful" when failing to report one...