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May 2017 Archives

Exclusion of certain foreign income from your tax forms

We have often spoken about the difficulties taxpayers face concerning compliance with offshore income reporting requirements. This includes significant enforcement of regulations contained under the Foreign Account Tax Compliance Act (FATCA). The reporting requirements under FATCA are stringent.

Retroactive legislation and back taxes

The U.S. Supreme Court will soon decide whether to debate questions regarding back taxes owed due to retroactive changes in the law. The justices are not looking at taxes currently owed or even taxes for the past year. Instead, they are deciding whether legislators can make retroactive changes to the law that could result in taxpayers owing money from several years back.

When you hire us, we can help: you:

  • Obtain emergency relief from IRS actions
  • Stop the IRS from garnishing your wages
  • Prevent levees from being placed on your bank accounts
  • Keep tax payments and penalties from spiraling out of control

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I know I won't be getting those frightening letters anymore thanks to Chad Silver - such a weight off my mind!” - A. Gould, Ohio

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IRS debt of $682,437, Attorney Silver and his team negotiated the Debt down to zero.

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