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News and Events

Category: News

Problems With Filing Tax Returns Late

Posted in News on February 28, 2019

You are probably aware that there is an option to delay filing a tax return. What you may not know, however, is that if you owe taxes and fail to file and pay on time, you will likely incur interest and be assessed penalties on that late tax payment. In fact, two penalties could apply: one for filing late and one for paying late, and interest accrues on top of these penalties. Read More

Tax Shelters: Abusers, Promoters, and Securing a Sound Defense

Posted in News on January 31, 2019

When many people hear the term “tax shelter,” they automatically think that some type of shady dealing is afoot. But nothing could be further from the truth.

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When to File a Domestic IRS Voluntary Disclosure

Posted in News on December 31, 2018

Failure to file tax returns that include all income earned in the United States is illegal and could lead to sanctions, including fines, penalties and even incarceration, depending on the severity of the non-compliance. Read More

IRS Tax Audits: What You Need to Know

Posted in News on November 30, 2018

Everybody dreads an Internal Revenue Service audit. Most of the time people have nothing to worry about. But whether or not you feel confident in your ability to make it through an IRS tax audit, understanding the different types of IRS audits and consulting with a Maryland IRS audit attorney could help allay your fears.

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Blowing the Whistle on Tax Fraud: What You Need to Know

Posted in News on November 16, 2018

The Internal Revenue Service encourages individuals who possess information about a company’s or an individual’s fraudulent tax reporting practices to report the information to the agency. It even offers rewards to people who report IRS fraud under either the IRS whistleblower law or its Informant Claims Program.

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