Preparing the IRS Financial Statement: Do’s and Don’ts
If you can’t pay your tax debt in full, you will have to completely disclose your financial circumstances to the IRS. There is no way
If you can’t pay your tax debt in full, you will have to completely disclose your financial circumstances to the IRS. There is no way
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
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
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
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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