7 Allegations that Can Lead to Prosecution for COVID-19 Pandemic Fraud (PPP or ERC Fraud)
Posted in News, Offshore Account Update on September 29, 2023
Posted in News, Offshore Account Update on September 29, 2023
Posted in News, Offshore Account Update on September 11, 2023
Posted in Hot Topics on September 1, 2023
In a landmark decision that has far-reaching implications for taxpayers involved in Foreign Bank Account Reporting (FBAR) situations, the United States Supreme Court recently ruled in favor of taxpayers, emphasizing the importance of proper legal representation in navigating complex tax matters. These rulings underscore the necessity of retaining an experienced Virginia former IRS tax attorney to ensure the best possible outcome for taxpayers facing FBAR-related challenges.
Read MorePosted in News, Offshore Account Update on August 31, 2023
The Employee Retention Credit (ERC) was—and is—a pandemic relief program that allows qualifying businesses to claim refundable tax credits for the 2020 and 2021 tax years. Qualifying businesses can retroactively claim the ERC through 2025, and they can receive refunds from the Internal Revenue Service (IRS) if they paid more than necessary during the COVID-19 pandemic.
Read MorePosted in Hot Topics, News, Offshore Account Update on August 11, 2023