by John DeLancett | Apr 1, 2021 | Blog, Tax Advice & Controversy
On March 17, the IRS announced in Notice 2021-21, that the deadline for filing your 2020 income tax return was extended, together with payment of any 2020 taxes, to May 17, 2021.However, it also stated that it only applied to 2020 taxes, meaning that any filings or...
by John DeLancett | Mar 14, 2018 | Blog, Tax Advice & Controversy
The IRS announced on Tuesday, March 13, 2018 that it was ending its Offshore Voluntary Disclosure Program on September 28 of this year. It stated that they were alerting taxpayers now to give those taxpayers with undisclosed foreign income or assets a chance to come...
by John DeLancett | Aug 15, 2017 | Blog, Tax Advice & Controversy
The IRS has announced two new and highly sophisticated approaches to criminal tax enforcement. The first, called the “data initiative”, sounds similar to the data analysis first used by FinCen to uncover money laundering operations. It will consist of data analysis...
by John DeLancett | Mar 22, 2017 | Blog, Tax Advice & Controversy
Tax filing time is upon us again. But some taxpayers are in a tough spot. They may not have filed for prior years and are afraid that, if they do so now, their prior failure to file will come to light and lead to serious consequences, including criminal prosecution....
by John DeLancett | Jan 4, 2017 | Corporate Law, Estate Planning & Probate, Tax Advice & Controversy
This year will be the first to see the implementation of new filing deadlines for many forms. The first new deadline, that will occur shortly, is for filing W-2’s, which is now January 31 instead of the previous February deadlines. March 15 is the new deadline for...
