Request a call back from IRSMedic: Parent & Parent LLP or call us 888-477-4258 CONTACT US Close
Open

Call Us 888.477.4258

Twitter FacebookFollow us
IRS Medic | IRS Tax Attorney | IRS Tax Lawyers

H&R Block and FBARS 8938

H&R Block and FBARS 8938

Has H&R Block been giving you bad advice about your offshore accounts?   Taxpayer claims H&R Block error led her to not report foreign income; causing her to enter into the IRS OVDP   I just got off the phone with a new client, “Kat,” from San Diego. This is part of her her story — I make no claims of its veracity. Just what she has told me. I invite a spokesman from H&R Block to leave their input. […]

Read more

Part 6: The Offshore Voluntary Disclosure Program (OVDP) Process

Part 6: The Offshore Voluntary Disclosure Program (OVDP) Process

What is the does the Standard OVDP process involve? So let’s say that you are thinking about reported foreign income and assets under the IRS 2012 OVDP/OVDI rules. Shouldn’t you know what the process entails before engaging in what will be a rather intimate relationship with the IRS? In this article, we will discuss the entire OVDP process from start to finish so that you will know what to expect.      The OVDP Pre-Clearance   In order to submit […]

Read more

Part V: The Streamlined Offshore Voluntary Disclosure

Part V: The Streamlined Offshore Voluntary Disclosure

Streamlined Offshore Voluntary Disclosure, what is it, and who qualifies Many people are looking for alternatives to the Offshore Voluntary Disclosure 27.5% penalty. In Part IV of our 2014 Offshore Voluntary Disclosure guide, we explained why many people won’t qualify for the reduced 5% penalty on offshore accounts. We also explained that if someone qualified for the 5% penalty, they would more than likely be great opt-out candidates for a 0% penalty. So now comes one more possible alternative. The […]

Read more

Part IV: The Offshore Voluntary Disclosure Program — The Five Percent Penalty

Part IV: The Offshore Voluntary Disclosure Program — The Five Percent Penalty

The Offshore Voluntary Disclosure Program 5% Penalty: Is it right for you? With the standard 2012 Offshore Voluntary Disclosure Penalty at 27.5%, many people in the program, and those considering the program look longingly at the 5% penalty wondering if it can apply to them. This article will discuss why the 5% penalty only applies in very specific situations, and why, that if the 5% Penalty does apply, it may make more sense to opt-out of even the 5% penalty […]

Read more

Part III: Offshore Voluntary Disclosure Guide

Part III: Offshore Voluntary Disclosure Guide

2014 IRSMedic Offshore Voluntary Disclosure Guide In  Part III of the 2014 Offshore Voluntary Disclosure Guide, Tax Attorney Anthony E. Parent discuses the costs of complying with the various Offshore Program, including attorney fees, along with the some of the risks associated with not disclosing foreign offshore bank accounts to the IRS. Watch here: Here is the outline for Part III: OVDP Costs 1. The Standard OVDP with 27.5% Offshore penalty2. The Reduced 12.5% penalty for accounts less than $75,0003. […]

Read more

Part II: Offshore Voluntary Disclosure Guide

Part II: Offshore Voluntary Disclosure Guide

Part 2 of our 2014 IRS OVDP/OVDI Guide In Part II of the 2014 IRSMedic Guide to Offshore Voluntary Disclosure, tax attorney Anthony Parent discusses the OVDP process considerations and more specifically, the IRS OVDP FAQs #12-21. Watch Part II of our Offshore Disclosure Guide to learn answers to questions such as: Who is eligible to make a disclosure and what to do if you are not (hint:exercise your constitutional right to shut your mouth). What to do if you […]

Read more

2014 OVDP/OVDI Guide Part 1

2014 OVDP/OVDI Guide Part 1

Part 1 of our new 2014 IRS OVDP/OVDI Guide It’ has been two years since we first published our original Offshore Voluntary Disclosure guide, so we figure it is time for an update so we can to share the many, many things we have learned representing taxpayers around the world and helping them get through the IRS Offshore Voluntary Disclosure Process. One of the more surprising facts — at least for the IRS — is how many US persons legitimately […]

Read more

Tax planning seminar in Panama? Read this article first

Tax planning seminar in Panama? Read this article first

Going to a tax planning seminar in Panama? Read this article first   Why you really really might not want ever speak, or even be in the same room as San Diego Tax Attorney Christopher Rusch In yesterday’s post about Chris Rusch, a self-claimed tax attorney mastermind who will be meeting potential tax clients in Panama shortly, I wrote:   But there is more to the story. According to criminal tax attorney Michael Minns of Houston, Texas : I tend […]

Read more

San Diego Tax Attorney turns on his own clients, celebrates with offshore marketing initiative

Convicted San Diego Tax Attorney turns on his own clients, celebrates with offshore tax marketing initiative   Why it may be a good idea to avoid Tax Attorney Chris Rusch.   This is incredible. I try not to “punch down” and give too much legitimacy to the various tax scam artists our there. But this one is too unbelievable, to bold to allow go unnoticed.  From last May, a story written by Robert Angen at Azcentral:   Christopher Rusch: No […]

Read more
Page 1 of 1212345...10...Last »