30 Felony Tax-Related Charges Dismissed
Tate County, Mississippi – Taxpayer indicted for 31 tax-related felony counts. 30 charges were dismissed and case was resolved through pre-trial diversion with no jail time and expungement of criminal record upon completion of diversion.
Reversal of EFIN Termination
Represented tax preparation firm before the IRS regarding termination of the taxpayer’s electronic filing privileges. Administrative appeal was filed and the termination was reversed. See documents.
Streamlined Domestic Offshore Procedures (Spain)
A U.S. citizen (“Client”) held bank accounts and other financial assets in Spain in excess of $10,000 for over 20 years. Client was not aware of their U.S. tax reporting requirements for foreign assets and never reported taxable foreign income on their U.S. tax returns. Client also failed to file FinCEN Form 114 Report of Foreign Bank and Financial Accounts (FBAR). DeWitt Law represented Client before the IRS to reach…
Tax Preparer Due Diligence Penalties Reversed
Represented tax preparation firm before the IRS regarding a proposed penalty assessment for alleged violations of the Earned Income Tax Credit due diligence requirements. Administrative appeal filed and assessment was fully reversed. See documents.
$121,370 Tax Debt Settled for $6,410
Represented taxpayer who owed the IRS over $121,370. Tax debt was reduced to $6,410 through an accepted offer in compromise.