Legal News
IRS Increasing Referrals to Criminal Investigation Unit
Don Fort, Chief of the Internal Revenue Service (IRS) Criminal Investigation Division (CID) recently announced that efforts are underway to increase the number of criminal
IRS Begins Sending Letters to Virtual Currency Owners Regarding Unreported Transactions
On July 26, 2019, the Internal Revenue Service (IRS) announced that it has begun to issue warning letters to taxpayers suspected of failing to meet
IRS Announces Updated Disclosure Procedures
On November 29, 2018, the Internal Revenue Service (IRS) unveiled its updated Voluntary Disclosure Program, following the conclusion of the Offshore Voluntary Disclosure Program (OVDP)
IRS to End Offshore Voluntary Compliance Program September 28, 2018
On September 4, 2018, the Internal Revenue Service issued a reminder that taxpayers with undisclosed foreign financial assets have until September 28, 2018, to file
IRS OVDP To Shut Down in September
The IRS has announced that it will shut down the Offshore Voluntary Disclosure Program (OVDP) on September 28, 2018. The OVDP, which started in 2009,
IRS Is Denying Passports for Seriously Delinquent Tax Debtors
Taxpayers preparing to travel internationally may soon have to change their plans if they are behind on their taxes. Earlier this week, the IRS “strongly