The Newport Beach Tax Attorney blog is dedicated to tax issues serving Orange County and Southern California. Posts cover recent news and tax cases including offshore disclosures, tax litigation, IRS, and marijuana tax issues. For more on the Orange County Tax Attorney Joseph P. Wilson, visit www.wilsontaxlaw.com or 949.397.2292
Curious What Countries Are Sharing Banking Information with the USA?
The IRS has just issued a list of the countries with which the United States has in effect an income tax or other convention or bilateral agreement relating to the exchange of information. The United States agrees to provide, as well as receive, information and under which the competent authority is the Secretary of the Treasury or his delegate. The exchange of information includes the reporting of certain deposit interest paid to nonresident alien individuals on or after January 1, 2013.
For Immediate ReleaseSeptember 26th 2016Finance Monthly 2016 Global Awards Finance Monthly Magazine
has selected the Wilson Tax Law Group, APLC as the Federal Tax Law Firm of Year
in the USA for 2016 in its Global Awards edition that has now been
published. Every year Finance
Monthly Global Awards celebrate the success of financial organisations and
advisers worldwide who have performed in the highest level possible. When
tasked with identifying the most successful organizations and advisers from
around the globe in order to produce this special awards edition, Finance
Monthly’s research team has through careful consideration worked hard to assess
nomination entries, and conduct extensive research involving clients and peers.
As a final result we are excited to present you a publication which contains
some of the most successful and trusted firms operating in the dynamic
financial sector, which will undoubtedly continue to experience growth through
their commitment to excellence in 2016 …
Federal Court Permanently Bars Orange County Based Tax Preparer from Preparing Federal Tax Returns
ORANGE COUNTY, California Monday, March 21, 2016, ---- The U.S. District Court for the Central District of California has permanently barred Stacy John Sanchez of Orange County, California, from preparing federal tax returns for others, the Justice Department announced today.
The civil injunction order prohibits Sanchez from acting as a federal tax return preparer and from owning, operating, or profiting from tax-return preparation businesses. Sanchez agreed to the entry of the injunction but did not admit the allegations in the civil complaint against him.
According to the complaint, Sanchez owned and operated 12 Liberty Tax Service franchise locations, primarily in the Los Angeles and Las Vegas areas. At these locations, Sanchez and his employees prepared federal income tax returns that, among other things, contained bogus Schedules C (Profit or L…
The DOJ Tax Division issued the following:
Department of Justice
Office of Public Affairs
FOR IMMEDIATE RELEASE Tuesday, June 27, 2017
California Resident Pleads Guilty to Stealing Homeless Individuals’ IDs and Using Them to Seek Fraudulent Tax Refunds
Obtained Personal Information by Falsely Representing to Unemployed People that Could Get them Government Assistance
A California resident pleaded guilty yesterday to conspiring to file false claims for tax refunds, submitting false claims for tax refunds, mail fraud and aggravated identity theft, announced Acting Deputy Assistant Attorney General Stuart M. Goldberg of the Justice Department’s Tax Division and U.S. Attorney Brian J. Stretch for the Northern District of California.
According to documents and information provided to the court, Diep Vo aka Nancy Vo, 74, conspired with codefendant Trong Nguyen aka John Nguyen, to use the IDs of homeless and unemployed individuals in the San Jose, California area to file fraudulent claims for…