A Former U.S. Tax Prosecutor And CPA Protecting Your Rights

  1. Home
  2.  → Blog

Colorado Tax Law Blog

July 1, 2014 Changes to Offshore Programs

On June 18, 2014 the IRS announced major changes in its offshore voluntary compliance programs. The changes include an expansion of the streamlined filing compliance procedures announced in 2012 and important modifications to the 2012 Offshore Voluntary Disclosure...

IRS Offer in Compromise Questions and Answers

Some commonly asked question and answers about the IRS Offer in Compromise program:What is an Offer?An Offer in Compromise is an agreement between you (the taxpayer) and the IRS that settles a tax debt for less than the full amount owed.  It may be an option if...

New IRS Fresh Start Initiative Helps Taxpayers

In March 2012, the IRS expanded its "Fresh Start Initiative" to help struggling taxpayers who owe taxes. The IRS provided relief in three areas including:1. Penalty Relief: The IRS is providing a six month extension to fully pay 2011 taxes for eligible unemployed...