Commercial fishing's low tax-compliance rate draws IRS to New Bedford
Profitable Port of New Bedford draws IRS scrutiny for tax evasion among fishermen, three New Bedford residents indicted last month.
Source: southcoasttoday.com
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10 Facts About FBAR Compliance for US Taxpayers
United States taxpayers have an obligation to report their foreign financial accounts to the federal government. Most offshore account holders will need to file reports on an annual basis. One of these reports is the Report of Foreign Bank and Financial Accounts, known as FBAR.
Source: natlawreview.com
The IRS New Rules and Revisions Recap for 2022 | International Wealth Tax Advisors
In 2022, the U.S. Internal Revenue Service produced a number of announcements, guidance, and rules covering issues like partnerships, cryptocurrency reporting, syndicated conservation...
Source: jdsupra.com
IRS Criminal Investigation Voluntary Disclosure Practice
A thorough overview of the IRS Criminal Investigation Division’s (“IRS-CI’s”) current voluntary disclosure practice, designed for taxpayers to potentially avoid or mitigate prosecution for violating IRS and information reporting laws.
Source: eisneramper.com
IRS Voluntary Disclosures And Criminal Employment Tax Violations - Tax
Taxpayers who employ workers have obligations under federal law to withhold and remit federal employment taxes to the IRS. In addition to this withholding and payment requirement...
Source: mondaq.com