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The Internal Revenue Service (IRS) can seem like a giant monster with uncontrollable issues for a person who may have experienced any kind of tax issues. The simple truth is that a tax problem does not go away. You cannot owe the IRS money and think that they will forget
Almost every other day, there is news about a celebrity or executive accused by the Internal Revenue Service (IRS) of tax evasion. This governmental agency requires that individuals and businesses pay taxes on a “pay-as-you-go” basis. Many people and organizations, however, are not able to meet this stringent rule. This
By Emma Fuller We understand that some people are nervous of approaching Solicitors if they need help with Probate as there are concerns of the costs. However, not everyone charges in the same way. We have several pricing options, which helps families to get the help they need, but gives
The following is a new Infographic created by the team at Real Business Rescue, centred around the recent topical news about corporate tax avoidance featuring various multinationals such as Vodafone, Starbucks, Apple, Amazon, Google, IBM, Boots, Microsoft, Ebay and Facebook are implementing to name but a few, together with some
Introduction As an old saying goes, there are two certainties in life: death and taxes. Although no one enjoys paying taxes, the right of governments to collect taxes is the basis of society, and all citizens of a nation are forced to pay taxes to support the public benefits that
The sluggish financial climate has made headlines across the world in these last few years and we have heard many stories regarding private individuals and corporations that have sought to protect their money by moving it abroad to nations that are considered attractive tax havens. While the number of such
(US tax law and practical information) Tax filing time in early spring seems to be about the point in the year that people are the most cognizant about the risks of a tax filing audit. However, these examinations actually happen a bit later in the summer and fall, as IRS
In 2007, HMRC published the litigation and settlement strategy (LSS), which was revised in July 2011 following some key cases. The LSS sets out the principles and standards which HMRC should apply when settling disputes with taxpayers. The general principles include: Each dispute should be settled on
If may not be illegal, but some find that fact that huge international companies are avoiding paying millions of pounds in tax immoral to say the least. But with little that can be done to force these firms to pay their ‘fair share’, it would seem the procedure known as
It is widely thought that in England we are free to leave our property by Will to whomsoever we choose. However, should you fail to adequately provide for those who relied on you, then some of those people may be able to claim under the Inheritance (Provision for Family and
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