President Obama has signed a new passport revocation provision into law to help the IRS collect back taxes. New § 7345 of the Internal Revenue Code has been
Congress has passed H.R.22, which, if signed by the President, will allow the IRS to confiscate the passports of citizens who owe the IRS more
IRS Gives Big Break to Non-Willful Foreign Bank Account Holders On June 18th, 2014, the IRS announced that it had put in place new procedures
My old blogging friend, Joe Kristan, of Roth & Company has published his “Fight the Power” edition of Tax Roundup. In this case, the power to
Actor Wesley Snipes went to jail for three years for failing to file his federal income tax returns. This should be a cautionary tale to any American or
The Associated Press reports that singer Lauryn Hill pleaded guilty to failing to file tax returns on more than $1.5 million she earned from 2005 through
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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