Archives for August 2014

Florida Used Car Dealers Targeted for Sales Tax Fraud; Theft of State Funds

Florida Used Car Dealers Targeted for Sales Tax Fraud; Theft of State Funds

The state of Florida is targeting used car dealers for their failure to remit collected Florida sales taxes and bringing charges against their owners and officers for theft of state funds. In the last two years,…

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Effective September 2, 2014: New IRS Appeals Process

Effective September 2, 2014: New IRS Appeals Process

On September 2nd, 2014, the IRS will change the way it handles audit appeals. The IRS Office of Appeals, under the new Appeals Judicial Approach and Culture (AJAC) project, will “no longer. . . be examiners…

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Streamlined Compliance Procedures for Offshore Account Holders

Streamlined Compliance Procedures for Offshore Account Holders

In June the IRS established a new program for U.S. taxpayers with offshore bank accounts.  This is an excellent opportunity for delinquent taxpayers to come forward voluntarily, avoid significant penalties and, most of all, avoid…

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