Archive | September, 2015

IRS: Jeopardy Assessment

September 24, 2015  |   Posted by :   |   Asset Protection   |   0 Comments

In our recently published book, Asset Protection 2015: IRS Tax Audits & Lawsuits by Gary S. Wolfe, Esq., Alan Jampol, Esq, and Steven Piascik, CPA/MT, one chapter that we feel is extremely relevant to today’s economic environment is IRS: Jeopardy Assessment (i.e. pre-audit asset seizures). As a courtesy to my subscribers I am offering this […]

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Asset Protection – The Nature and Risks of Litigation

September 17, 2015  |   Posted by :   |   Asset Protection   |   0 Comments

In our recently published book, Asset Protection 2015: IRS Tax Audits & Lawsuits by Gary S. Wolfe, Esq., Alan Jampol, Esq, and Steven Piascik, CPA/MT, our co-author Alan Jampol, Esq., an internationally acclaimed trial attorney who has successfully resolved billion dollar litigation, wrote an extensive chapter on lawsuits entitled: The Nature and Risks of Litigation. […]

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IRS Tax Audits & Collections

September 15, 2015  |   Posted by :   |   IRS Tax Audits   |   0 Comments

I am pleased to announce the publication of my 14th book, IRS Tax Audits & Collections U.S. Taxpayers who are under IRS Tax Audit, need to be aware of the following: 1. The audit does not mean taxes are due. Rather, the purpose of the audit is to ascertain how much in tax is due, […]

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Offshore Accounts and Money Laundering

September 10, 2015  |   Posted by :   |   Tax Evasion   |   0 Comments

As of today, 44 Swiss Banks have agreed to settle with the US DOJ. Taxpayers with accounts at these banks face a 50% penalty if they enter the IRS OVDP i.e. 50% of the account balance is a penalty paid to the IRS. 1. IRS Offshore Account Penalties Increase, Hunt Continues The number of Swiss […]

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IRS Offshore Voluntary Disclosure Program

September 04, 2015  |   Posted by :   |   OVDP   |   0 Comments

Criminal Tax Defenses (Issues) For those U.S. taxpayers who voluntarily entered the IRS Offshore Voluntary Disclosure Program, they waived numerous rights, including: 1. The 5th Amendment right against self-incrimination; 2. A 4th Amendment right to be secure in their persons, papers and property from “unreasonable searches and seizures”; 3. A statute of limitations defense to […]

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Asset Protection 2015: IRS Tax Audits & Lawsuits

September 03, 2015  |   Posted by :   |   Asset Protection   |   0 Comments

I am please to announce the publication of my 13th book, Asset Protection 2015: IRS Tax Audits & Lawsuits. In Asset Protection 2015 our focus is on the two biggest risks to high net worth investors: IRS tax audits and lawsuits. In both arenas one could lose everything. Consider Kim Basinger, international movie star, who […]

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US Estate Tax Trap for Non-US Persons

September 01, 2015  |   Posted by :   |   International Tax Planning   |   0 Comments

By Craig Thompson, ustaxfs.com Consideration of local estate taxes is a central responsibility for executors in most jurisdictions. In cases where the decedent held US assets, even if they were not a US citizen, domiciliary or lawful permanent resident, there is also an added complication in that US estate taxes too must be taken into […]

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