Audit - Part 5

IRS to Continue Enforcement of Foreign Accounts and Offshore Tax Evasion

IRS to Continue Enforcement of Foreign Accounts and Offshore Tax Evasion

by Igor Drabkin | Dec 28, 2009 | Audit, FBAR, Internal Revenue Service, Offshore Income

After declaring the 2009 Offshore Voluntary Disclosure Program a success, the IRS is poised to continue its enforcement of the offshore tax accounts, complex business entities, and tax evaders in 2010.

Church IRS Tax Audits – Proposed Regulation Requires IRS Exempt Organizations Director to Initiate an IRS Tax Audit of a Church

Church IRS Tax Audits – Proposed Regulation Requires IRS Exempt Organizations Director to Initiate an IRS Tax Audit of a Church

by Gary Slavett | Aug 17, 2009 | Audit, Exempt Organizations, Internal Revenue Service

Under a recently proposed treasury regulation, the director of the IRS Exempt Organizations Division would be the official responsible for approving tax inquiries of churches. Internal Revenue Code Section 7611 imposes special limitations on how and when the IRS may...