OVDI Update: IRS Gives Offshore Account Holders Yet Another Chance
We recentlly announced that the IRS is extending its Offshore Voluntary Disclosure Intiative (OVDI). Since September 2011, we have received hundreds of calls from offshore
We recentlly announced that the IRS is extending its Offshore Voluntary Disclosure Intiative (OVDI). Since September 2011, we have received hundreds of calls from offshore
Peter Pappas discusses the IRS’s extension of the Offshore Voluntary Disclosure Intiative (OVDI). Taxpayers with unreported foreign accounts and unreported foreign income are urged to come
If you own or have signature authority over a foreign account and put in the name of another entity in order to hide it from
The IRS has released (IR-2012-23) its annual “dirty dozen” list of tax scams. Here are the top 12 for 2012: Identity Theft Phishing Return Preparer
Fox News reports that a former IRS agent whose tax preparation business catered to a wealthy clientele is accused of ordering at least two former
The United States Department of Justice reports that Dr. Patricia Lynn Hough, of Englewood, Fla., was convicted by a jury in Fort Myers, Fla., of conspiring to defraud
The IRS audited my 2007 and 2008 tax returns and disallowed 100% of my business expenses because the auditor said I didn’t have sufficient records. I hired The Pappas Group and they were able to prove by other means that my deductions were valid and the IRS ended up only disallowing about 15% of my expenses. Had I not hired Pappas I would been assessed taxes, penalties and interest in excess of $100,000. The Pappas group now does all of my accounting work and prepares both my business and personal tax returns.
Some tax professionals know the law; others know the numbers. Very few know both. We are CPAs and Tax Attorneys. Let our dual qualifications go to work for you today.
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The Pappas Group
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