FATCA updates from the lawyers at Parent & Parent LLP/IRSMedic

FATCA updates from the lawyers at Parent & Parent LLP/IRSMedic

http://ift.tt/1RfwK1f Need help? Contact us to schedule a consultation. All communication is subject to the attorney client privilege. info@irsmedic.com 888-727-8796 http://youtu.be/Tc1igJ4agAw IRS Medic

Common tax attorney mistakes: an update

Common tax attorney mistakes: an update

From big firms, small firms, tax resolution firms and CPA firms. The attorney at IRSMedic, Parent & Parent LLP take over tax cases where the original counsel wasn't able to get the job done. In this update, Anthony E. Parent relays his more recent experiences of tax lawyers who bungled cases and the harm caused to the clients. More importantly he gives advice to tax attorneys on how to avoid being fired. http://youtu.be/tfEQm-KmGas IRS Medic

Updates on the IRS and your Passport

Updates on the IRS and your Passport

The IRS is now authorized by law to have the State department revoke your passport if you are a "Seriously delinquent" taxpayer. In this update we will explain what a serious delinquent taxpayers is, how to avoid being classified as one (even if you owe hundreds of thousands of dollars to the IRS), the process the IRS must follow to revoke your passport, and what happens if your passport is revoke while you are out of the country. http://youtu.be/AgKqeDVW8Cs IRS Medic

Updates on the IRS and your Australian Superannuation

Updates on the IRS and your Australian Superannuation

Your Australian Superannuation has tax benefit in Australia. But what happens when you also happen to be a US person. Do these benefits carry over to favorable tax treatment for your US taxes? If not, what can you do to avoid harsh treatment? What happens with a Self-managed Superannuation? And what happens if you haven't been reporting your Superannuation on an FBAR form or reporting any income to the IRS? In this live event that tax attorneys at IRSMedic explain why the difficulties exists and the action you can take to avoid penalties (or worse) down the road and protect your Superannuation form IRS danger. http://youtu.be/g_I4prFeppw IRS Medic

Offshore Disclosure updates from the OVDP lawyers at Parent & Parent LLP/IRSMedic

Offshore Disclosure updates from the OVDP lawyers at Parent & Parent LLP/IRSMedic

IRS OVDP Attorneys from the law firm of Parent & Parent LLP share with you important updates on the IRS offshore voluntary disclosure programs. These programs are a way for taxpayers to “come clean” and report their undisclosed (intentionally or not) offshore accounts and foreign bank accounts using these IRS amnesty programs. Topics to be discussed: “Bureaucracy by Blogpost” : How webpages such as 2012 OVDP FAQs become de facto law The types of offshore diclosures: Standard OVDP Standard OVDP with opt-out Streamlined Domestic Offshore Process Streamlined Foreign Offshore Process Delinquent information return Understanding Form 8938 vs. FBAR penalty base for Streamlined Disclosures OVDP processing times - accelerate the new. The old 2011...sometimes it take a while. Removal audits. Practitioners who dabble in OVDP and the problems they cause OVDP and offer and Compromise. Must have Form 906 Incomplete submissions/ screwed up OVDPs and how to fix them. Incompetent representation and what to do about it http://ift.tt/1RfwK1f Need help? Contact us to schedule a consultation. All communication is subject to the attorney client privilege. info@irsmedic.com 888-727-8796 http://youtu.be/FE4sEEp29yA IRS Medic

FBAR Updates from Parent & Parent LLP

FBAR Updates from Parent & Parent LLP

The FBAR lawyers at IRSMedic Parent & Parent LLP go over important FBAR updates for July 2016. Learn from the nation’s number one IRS disclosure firm the latest changes including: Form 114 /FBAR reporting instructions How to file the FBAR online: Step-by-step guide completed by FBAR attorneys at IRSMedic. The new FBAR deadlines for reporting offshore accounts and assets FBAR audits — penalty updates on unreported foreign bank accounts More LB&I —no longer SB/SE. TIGTA recommended doesn’t apply Offshore credit cards Unfiled returns Not hitting FBARs by themselves 6-year audit review Substantial 25% Hire Act Swiss banks playing ball. All “bad boy” banks playing ball. “We have everyone at UBS.” Hammer waiting? The IRS doesn’t know the rules yet. They are trying to figure things out. Extending S.O.L. that have been run. Why your attorney should be doing their best to educate IRS examiners. Updates on Willful and non willful FBAR penalties in OVDP/OVDI opt-outs Look to mitigation for lower penalty cases Taxpayers continue to be #1 source of information for the IRS. FBAR auditors don’t understand standards of review. “Negligent disregard” http://youtu.be/Czg2LDgiL00 IRS Medic

Guaranteed outcomes from the IRS - Pick one!

Guaranteed outcomes from the IRS - Pick one!

If someone promises you a specific resolution to your tax problem, please call us for a second opinion: 888-727-8796. It is nearly impossible to say exactly what the IRS will approve. In this video, Anthony and Claudine talk about one of our clients, "Ethel", and how we thought her case was going to be an easy slam dunk. Unfortunately, it wasn't that easy (but we still helped her in the end!). There are no guarantees for acceptance for things like an Offer in Compromise, payment plans, or partial payments. To learn more about our law firm, visit: http://ift.tt/1TuHXAv To learn more about our services and fees, visit: http://ift.tt/1TUcrWR You can call us at 888-727-8796 or email us at info@irsmedic.com. Your communications with us are subject to the attorney/client privilege. www.irsmedic.com The Law Offices of Parent & Parent, LLP Real Tax Attorneys for Tough Tax Problems With clients from around the world http://youtu.be/qSfrt4_5TPg IRS Medic