The IRS has announced that more than $8 billion in previously undeclared taxes has come from FATCA. The list details which overseas financial institutions have agreed to pass personal and financial information about accounts and investments controlled by US taxpayers …
Eligibility for the Streamlined Foreign Offshore Procedures For the most part Taxpayer’s residing outside of the U.S. will have the same requirement as those residents in the U.S. However, there are certain differences. Taxpayers must meet the applicable non-residency requirements; …
U.S. Taxpayers residing outside the United States and the Streamlined Procedures Read more »
This information is intended to provide the foreign investor with a basic introduction to the tax laws of the United States as they apply to that foreign investor. I hope this raises your interest as an investor or immigrant to the United States.
Offer in Compromise settlements are based upon the Taxpayer’s assets and overall financial situation. The worse the Taxpayer’s financial situation looks, the better the settlement with the I.R.S. The bad economy is one reason why now is the time to consider an Offer in Compromise.
There is one creditor that is often not put off even by bankruptcy – the IRS. By Richard S. Lehman, Esq., of Richard S. Lehman P.A. Published: South Florida Business Journal Whether it is individuals who have not filed their …