Senate Hearings and Department of Justice/IRS Actions Likely to Drive up Reports of Foreign Banks and Financial Accounts (FBAR)

43,000 Taxpayers have disclosed their offshore accounts to IRS as Senate wants numbers to rise. Direct Tax Relief (DTR) assists clients with FBAR requirements On February 26, 2014 the Senate Permanent Subcommittee on Investigations held a hearing on “Offshore Tax Evasion: The Effort to Collect Unpaid Taxes on Billions in Hidden Offshore Accounts” (The Permanent Subcommittee on Investigations-Hearings-2/26/14).
Read more ...

IRS Releases the “Dirty Dozen” Tax Scams for 2014

IRS issues annual list of top twelve tax scams in time for tax season. Direct Tax Relief (DTR) assists clients with tax preparation for current and past tax years and corrected amended returns for victims of tax preparer scams. The Internal Revenue Service on February 19, 2014 issued its annual “Dirty Dozen” list of tax scams 
Read more ...

Offer In Compromise Submissions To IRS Increase As Does Acceptance Rate

Direct Tax Relief (DTR) assists clients in settling their tax liabilities with Offer in Compromise Program The Internal Revenue Service Data Book (Publication 55B issued March, 2013)
Read more ...

Tips in Choosing the Right Tax Resolution Company

Choosing_company

Read more ...