by AT | May 5, 2020 | Personal Clients - Updates in US
IR-2018-52, March 13, 2018 WASHINGTON – The Internal Revenue Service today announced it will begin to ramp down the 2014 Offshore Voluntary Disclosure Program (OVDP) and close the program on Sept. 28, 2018. By alerting taxpayers now, the IRS intends that any U.S....
by AT | Mar 17, 2020 | Business Clients - Updates in US, Personal Clients - Updates in US
The Internal Revenue Service announced it will visit more taxpayers who haven’t filed tax returns for prior years in an effort to increase tax compliance and further enforce the law. In addition, the IRS is increasing the use of data analytics, research and new...
by AT | Mar 13, 2020 | Business Clients - Updates in US, Personal Clients - Updates in US
Leaders from five international tax organizations came together in Sydney, Australia, this week to review the J5’s progress in their fight against transnational tax crime and set priorities for the year ahead. The Joint Chiefs of Global Tax Enforcement (J5) was formed...
by AT | Mar 10, 2020 | Business Clients - Updates in US, Personal Clients - Updates in US
Don’t be confused: Some visits are not a scam For this new initiative, these high-income taxpayers have typically received numerous letters from the IRS over an extended period of time, so they generally realize they have a tax issue. Revenue officer visits shouldn’t...
by AT | Mar 7, 2020 | Business Clients - Updates in US, Personal Clients - Updates in US
There are many payment options for people having trouble paying their tax bill. Payment plans can be set up quickly online. Once returns are filed or an assessment occurs, there are various online payment options available at IRS.gov, including direct pay through a...
by AT | Mar 5, 2020 | Personal Clients - Updates in US
As part of a larger effort to ensure compliance and fairness, the Internal Revenue Service today announced that it will step up efforts to visit high-income taxpayers who in prior years have failed to timely file one or more of their tax returns. Following the recent...
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