by Fresh Start Tax | Jul 29, 2012 | FBAR, Tax Lawyer, Tax Returns, Tax Settlements
We specialize in FBAR tax issues. We are experts in IRS FBAR.
By calling us you could avoid criminal prosecution and could potentially save millions of dollars. We can take the fear and worry out of your FBAR tax issue.
Call today and speak directly to a Tax Attorney, Tax Lawyer, CPA or Former IRS Agents.
1-866-700-1040. In Germany Skype is available.
We can file all tax returns necessary for full compliance and negotiate a tax settlement on your case.
We know the tax laws and the tax system. We taught Tax Law at the IRS. We have over 60 years of direct work experience at the local, district and regional office of the IRS.
Call us directly for filing dates and a privileged conversation.
Tax Settlements on FBAR Cases.
How cases are settled for FBAR.
The IRS voluntary disclosure examiners do not have discretion to settle cases for amounts less than what is properly due and owing. That is for security and consistency purposes.
Because the 25 percent offshore penalty is a proxy for the FBAR penalty, other penalties imposed under the Internal Revenue Code, and potential liabilities for years prior to 2003, there may be cases where a taxpayer making a voluntary disclosure would owe less if the special offshore initiative did not exist. We can perform work ups on all cases.
Under no circumstances will taxpayers be required to pay a penalty greater than what they would otherwise be liable for under the maximum penalties imposed under existing statutes. This is finally some good news but no bargain.
IRS tax examiners will compare the amount due under this offshore initiative to the tax, interest, and applicable penalties at their maximum levels and without regard to issues relating to reasonable cause, willfulness, mitigation factors, or other circumstances that may reduce liability for all open years that a taxpayer would owe in the absence of the 2011 OVDI penalty regime.
The taxpayer will pay the lesser amount. If the taxpayer disagrees with the result, the taxpayer may request that the case be referred for an examination of all relevant years and issues .
Remember each case is different than the next, call us to hear the truth from true tax experts.
FBAR – Germany – FBAR IRS Tax Experts – File, Settle – Attorneys, Lawyers, Former IRS – FBAR, Expats
by Fresh Start Tax | Jul 28, 2012 | FBAR, Tax Lawyer, Tax Returns
Click Link for FBAR Form.
www.irs.gov/pub/irs-pdf/f90221.pdf
Call 1-866-700-1040 for a no cost professional tax consult and speak directly to Tax Attorneys, Tax Lawyers, CPA’s or Former IRS Agents.
We have over 206 years of professional tax experience and over 60 years working directly for the IRS.
We are FBAR Filing Experts!
Who has to file for FBAR? Make sure you know your rights.
If you have a financial interest in or signature authority over a foreign financial account, including a bank account, brokerage account, mutual fund, trust, or other type of foreign financial account, the Bank Secrecy Act may require you to report the account yearly to the Internal Revenue Service by filing Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts (FBAR).
The FBAR is required because foreign financial institutions may not be subject to the same reporting requirements as domestic financial institutions.
Make sure you file before the IRS contacts you first.
Civil and Criminal Tax Representation available. All calls confidential and free. 1-866-700-1040.
FBAR FORM , Tax Attorney, Former IRS, F Bar Tax Help, Former IRS, Criminal, Civil Representation
by Fresh Start Tax | Jul 28, 2012 | FBAR, Tax Lawyer
We are a professional tax firm that specializes in FBAR tax issues and Overseas Reporting. 1-866-700-1040.
We are comprised of Tax Attorneys, Lawyers, CPA’s and Former IRS Agents and Managers.
We have over 60 years work experience at the IRS.
We taught Tax Law at the IRS and know the tax systems, tax procedures and settlement techniques.
Our experience can save your time, money and possible criminal prosecution.
With Switzerland being the hub for FBAR, it is one of the main targets for the Internal Revenue Service.
Since the UBS blowout on the exposing of Foreign Bank accounts both the Department of Justice and the IRS have had a field day.
With the threat of criminal and civil penalties over 33,000 persons have come forward and the IRS have collected over $5.5 Billion.
IRS is in committee and they are developing new software in there CADE 2 system to hook up with other countries to find tax cheats.
Next year you can expect much pres and print coming from the IRS as they are letting loose hundreds of new agents to work FBAR non reporting and criminal issues.
Remember find IRS before they find you. A tax fine and paying tax is far better than prosecution.
Just for the record.
An FBAR is a Report of Foreign Bank and Financial Accounts. The form number is TD F 90-22.1 (PDF).
Any United States person who has a financial interest in or signature authority or other authority over any financial account in a foreign country, if the aggregate value of these accounts exceeds $10,000 at any time during the calendar year.
How a foreign country is defined. A “foreign country” includes all geographical areas outside the United States, the commonwealth of Puerto Rico, the commonwealth of the Northern Mariana Islands, and the territories and possessions of the United States (including Guam, American Samoa, and the United States Virgin Islands).
News as a result of a non FBAR filing Switzerland Bank UBS AG
A South Florida man has been sentenced to four months in federal prison after pleading guilty to failing to report accounts ( FBAR ) at Swiss Bank UBS AG.
Miami judge imposed the sentence on 62-year-old Luis Quintero of Miami Beach, Florida
Luis Quintero also must pay a $2 million Civil Penalty and was fined by the courts for an additional $20,000.
A review of the Court Documents finds Luis Quintero formed companies in the British Virgin Islands and Panama that were used to open the Switzerland UBS accounts.
The Switz bank accounts had more than $4 million big ones in them.
The prosecution is one of many in the U.S. following an agreement in which UBS Switzerland turned over identities of some of its U.S. customers.
Our Company Resume: ( Since 1982 )
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Our staff has collectively over 205 years of Professional IRS Tax Representation Experience
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On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
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We taught Tax Law in the IRS Regional Training Center
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Former IRS Agents, Managers and Instructors with over 60 years experience in the local, district and regional IRS offices.
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Highest Rating by the Better Business Bureau “A”
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Fast, affordable, and economical
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Licensed and certified to practice in all 50 States
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Nationally Recognized Veteran /Published Former IRS Agent
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Nationally Recognized Published EZINE Tax Expert
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As heard on GRACE 90.3 FM Monthly Radio Show-Business Weekly
FBAR – SWITZERLAND – TAX ATTORNEYS – IRS FBAR EXPERTS – FORMER IRS – CIVIL, CRIMINAL TAX REPRESENTATION
by Fresh Start Tax | Jul 27, 2012 | FBAR, Tax Lawyer, Tax Returns, Uncategorized
If you need professional tax help for the FBAR filing or FBAR Reporting on current, late or past due FBAR’s contact our office for a free tax consultation. 1-866-700-1040.
Call our team of Tax Attorneys, CPA’s and Former IRS Agents. We have over 206 years of professional tax experience and over 60 years of working directly for the Internal Revenue Service.
We taught Tax Law at the IRS. We know all the tax techniques because we taught them at the IRS as Former IRS agents.
Do not be worried or fearful of the IRS. Hire the right Tax Firm and free yourself up from worry or undue stress.
You need to pull the trigger and take care of these matters before any IRS contact.
The IRS began an open-ended offshore voluntary disclosure program (OVDP) in January 2012 on the heels of strong interest in the 2011 and 2009 programs.
The IRS is offering people with undisclosed income from offshore accounts another opportunity to get current with their tax returns. The 2012 OVDP has a higher penalty rate than the previous program but offers clear benefits to encourage taxpayers to disclose foreign accounts now rather than risk detection by the IRS and possible criminal prosecution.
If you file your FBAR form before IRS contacts you, will have no worries. IRS wants voluntary disclosure.
Amending a Filed FBAR
The following instructions may be given to anyone who needs to file an amended FBAR. To amend a previously filed FBAR:
Write “Amended” at the top of a new form. I recommend writing it in read to draw attention to the reviewer. Make sure the writing is not blending in to the form. Make it clear and obvious.
Add/correct the information about the account.
Staple it to a copy of the original form.
Mail the amended FBAR to the filing address shown on the form
Department of the Treasury
Post Office Box 32621, Detroit, MI 48232-0621.
Need FBAR Filing Verification
Filed FBARs are entered onto the Detroit Computing Center’s Currency and Banking Retrieval System (CBRS) database.
Filing can be checked by IRS personnel with CBRS passwords.
Filers can request verification of the FBARs that they filed 60 days after the date of filing. A request for verification of FBAR filing must be made in writing and should include the filer’s name, Taxpayer Identification Number, and filing period.
There is a $5.00 fee for verifying five or fewer forms and a $1.00 fee for each additional form. If copies are needed, the additional fee is $0.15 per copy.
Checks or money orders should be made payable to the United States Treasury. The payment should be mailed to:
IRS Detroit Computing Center,
P.O. Box 32063, Detroit, MI 48232 Attn.: Verification
by Fresh Start Tax | Jul 27, 2012 | FBAR, Representation, Tax Lawyer
We are a professional tax firm located in South Florida. We have serviced the South Florida Area since 1982. We are tax experts in IRS Tax Representation.
Call for a no cost professional tax consult. 954-492-0088
We are comprised of Tax Attorneys, Tax Lawyers, CPA’s and Former IRS Agents, Managers and Instructors.
As Former IRS Agents we worked in the South Florida IRS offices. We also worked in the district and regional offices of the IRS.
We taught Tax Law at the IRS. We know the system and closing procedures to save you time and money. We can take away your fear and worry.
We handle all criminal and civil IRS cases. Once we recognize and analysis the scope of your situation your case is assigned to a tax expert in that field.
Conversation may be privileged by request. Make sure you find IRS before they find you!
Latest News on FBAR and South Florida
A South Florida man has been sentenced to four months in federal prison after pleading guilty to failing to report accounts ( FBAR ) at Swiss bank UBS AG.
A Miami judge imposed the sentence on 62-year-old Luis Quintero of Miami Beach.
Luis Quintero also must pay a $2 million Civil Penalty and was fined by the courts for an additional $20,000.
A review of the Court Documents finds Luis Quintero formed companies in the British Virgin Islands and Panama that were used to open the UBS accounts.
The accounts had more than $4 million in them.
Our Company Resume: ( Since 1982 )
- Our staff has collectively over 205 years of Professional IRS Tax Representation Experience
- On staff, Board Certified Tax Attorney’s, IRS Tax Lawyers, Certified Public Accountants, Enrolled Agents,
- We taught Tax Law in the IRS Regional Training Center
- Former IRS Agents, Managers and Instructors with over 60 years experience in the local, district and regional IRS offices.
- Highest Rating by the Better Business Bureau “A”
- Fast, affordable, and economical
- Licensed and certified to practice in all 50 States
- Nationally Recognized Veteran /Published Former IRS Agent
- Nationally Recognized Published EZINE Tax Expert
- As heard on GRACE 90.3 FM Monthly Radio Show-Business Weekly
FBAR – Tax Attorneys, Tax Lawyers – FBAR Experts – Miami, Ft. Lauderdale, West Palm Beach – Criminal & Civil Tax Representation
