History of the Internal Revenue Service’s Voluntary Disclosure Program

Posted on by Erin Humbles Posted in International Taxation, Criminal Tax Law, Tax: Audits, Litigation & Collection
This is a two-part blog post on the evolution of IRS voluntary disclosure programs.  The first post traces these programs from their inception through the 1990's.  The second post discusses the programs beginning in 2000 and carrying through to the present day. Overview Since the Justice Department sued UBS in...
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Tax Tales: Married Couples Filing Separate Taxes

Posted on by Erin Humbles Posted in Tax Planning & Compliance, State & Local Taxation, Tax: Audits, Litigation & Collection
In today’s age of technology we enjoy access to information at the push of a button. The latest advances in technology not only benefit us greatly, but also the government. After 9/11, the Patriot Act gave the government more access to financial institutions both domestic and foreign. Personal and business financial...
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Wesley Snipes to serve three years in federal prison for not filing tax returns

Posted on by Erin Humbles Posted in Tax Planning & Compliance, Criminal Tax Law, Tax: Audits, Litigation & Collection
Owing taxes is not a crime, but his willfully not filing a tax return is San Francisco, CA - It is not a crime to owe money to the IRS. If Wesley Snipes had filed his tax returns but couldn't pay he would not be going prison. Willfully not filing is where...
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How to deduct unlimited real estate losses against other income while avoiding the pitfalls of tax laws.

Posted on by Erin Humbles Posted in Real Estate Law, Tax: Audits, Litigation & Collection
Much of this post was originally posted in the San Francisco Business Times in December 2008 Qualifying and claiming the Real Estate Professional Tax Status allows passive losses to be deductible against ordinary income on tax returns without limits, dramatically lowering tax bills. Moskowitz LLP is a one-stop shop for...
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