Tag Archive irs tax attorney

Avoid Tax-related Crimes By The IRS

The IRS is currently conducting audits and prosecuting owners of offshore credit cards and offshore bank accounts trusts from abroad, and businesses for tax evasion as well as failure to report transfer transactions. However, there are ways to avoid prosecution by the IRS in the event of an offshore tax audit. You can easily hire top Orange County IRS tax attorney to help you in this situation. 

How the IRS Catches Tax Fraud

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There is an endless number of legal defenses that are highly effective in fighting the egregious penalty and criminal acts, all based on each taxpayer's unique facts and particulars. An attentive audit strategy and a knowledge of the areas that are problematic will help you prevail against the IRS in the tax audits conducted offshore.

The Controlled Foreign Corporation, Passive Foreign Investment Company and Foreign Personal Holding Company rules are complicated and written by Congress to aid the IRS. A thorough understanding of loopholes and the complexities of tax law is essential to winning, and it's a good idea to employ an attorney for tax fraud in the event of an international tax audit or tax audit offshore.

There are a variety of methods to avoid any IRS international tax audit from becoming an investigation into tax evasion. Proper planning and preparation throughout the audit process could stop the IRS from launching an investigation for tax fraud. A tax-friendly strategy that is implemented early during the process will safeguard your reputation within the community as well as your professional license.