by acceladmin | Jul 17, 2015 | Blogs, Tax Attorney Maryland
As a citizen of the United States of America, we are required to pay taxes on our income. This even counts for money that is earned outside of the United States for both individuals and corporations. For one reason or another, this doesn’t always happen. Yet there are...
by Ashley Hayward | May 26, 2015 | Blogs, Tax Attorney Maryland
According to your Maryland tax attorney, the IRS uses a five step and repeat approach process in regards to OVDP. This process has been quite successful in identifying banks on the blacklist and tax haven jurisdictions. The five step process is as follows: Identify...
by acceladmin | May 19, 2015 | Blogs, Tax Attorney Maryland
According to Accounting Today, the Internal Revenue Service is encouraging taxpayers with previously undeclared foreign bank accounts to enter into its Offshore Voluntary Disclosure Program, but there are now choices between a new streamlined version of the OVDP and...
by acceladmin | Apr 10, 2015 | Blogs, Tax Attorney Maryland
You have indisputable evidence that an employee committed embezzlement against you and/or your company. You’ve terminated him or her immediately so now what? Should you take legal action? Press charges? Emotionally and idealistically, of course, you do. It’s just the...
by Ashley Hayward | Mar 31, 2015 | Blogs, Tax Attorney Maryland
If you are finding yourself in need of a fresh start and bankruptcy is your only option our Maryland tax attorney can help you determine if you should file chapter 7 or chapter 13. The major dividing line between the two is income level. If you fall below a certain...
by acceladmin | Mar 12, 2015 | Blogs, Tax Attorney Maryland
Sometimes doing the right thing can be scary especially when it involves the federal government. An individual who notifies the Internal Revenue Service of underpaid taxes or evasion is known as a whistleblower. Whistleblowers have the option to file a lawsuit, which...