The U.S. government will soon be able to revoke passports from those who haven’t paid their taxes, and prevent those who are delinquent from obtaining a new one. Congress will implement this new law in December, targeting those who owe $50,000 or more in unpaid taxes. There are some exceptions, however, for Americans travelling for

If you’re online, you may be one of more than 1.39 billion people whose first website to check is Facebook. You may have the app downloaded on your phone or tablet, or you might have your phone set to notify you with any “likes”, comments, or messages. With so many Facebook users, it’s easy to

After submitting their taxes to the IRS, many citizens breathe a sigh of relief that their taxes are done for another year.  In some cases, those same people are gulping in despair when they open their mailboxes a few weeks or months later and find a letter from the IRS notifying them that there were

The Central American country Belize is the new target for United States officials in their search for tax evading American citizens. Many Americans utilize off-shore banks to hide their income and assets from the U.S. government, and banks such as Belize Bank International Limited and Belize Bank Limited are among the main targets of the

We talk a LOT about how tax evasion is one of the worst choices you could ever make. It may seem like we’re beating it into your head, but the truth of the matter is that for every time you say, “I don’t evade my taxes; heck, I don’t even fudge them!” there’s someone out

A statute of limitations period may prevent the Government from bringing or succeeding in a claim against a person accused of committing tax crimes. 26 U.S.C. § 7202 (Willful failure to collect or pay over tax) addresses two offenses. 1.) A willful failure to collect tax, and 2.) A willful failure to truthfully account for and/or

James R. Beck, of Soldotna, Alaska, was convicted in October 2014 on seven counts of committing various federal tax crimes. Beck, 60, was a pipeline technician for Alyeska Pipeline service Co. and claimed that the state and federal laws did not apply to him. In court, Beck argued that taxation was immoral and unfair, and

One of the most common questions I get is whether IRS tax debts can be settled for less than the amount owed. The simple answer is yes…..if you qualify. The program that allows you to settle your tax debt is called the Offer in Compromise program. When you hear all these TV and radio ads

Knoxville, Tennessee residents James and Beverly Beavers were found guilty by a jury of their peers of conspiring to defraud the federal government and for filing false claims for tax refunds in U.S. District Court for the Eastern District of Tennessee. The couple is scheduled to be sentenced on August 7, 2013. According to a

NOTE: The video clip references “2,500 investigations” performed by the IRS per year, but the reference should have been to approximately “2,500 convictions.” The IRS last year performed 5,125 investigations.