The IRS announced on June 18, 2014 substantial changes for those with undisclosed offshore accounts. Realizing that there may be many individuals whose conduct was not willful, the IRS expanded its streamlined reporting...
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About: Scott Novak
Recent Posts by Scott Novak
The IRS announced on June 10, 2014 the adoption of a Taxpayer Bill of Rights that will become the cornerstone document to provide the nation’s taxpayers with a better understanding of their rights.
The Taxpayer...
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In a big win for the IRS, a jury found it appropriate for a taxpayer with a foreign account to pay more in a penalty than his foreign account was worth. On May...
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