Tax Advocacy Group
"We're in the early stages of our work to crack down on offshore tax
evasion. Through our efforts, we are gaining access to more and
more information on institutions and individuals involved in offshore
tax evasion, and you can expect us to use all of our enforcement
tools to stop this abuse. For people with hidden offshore assets,
they have an opportunity to get right with the government. Time is
quickly running out, and people should take advantage of our
voluntary disclosure process before special provisions expire
September 23."
- IRS Commissioner Doug Shulman
In the last few months, much has been said about reporting foreign
financial accounts. Rarely a day goes by without a new article (or new
rumor, for that matter) regarding who is required to file and what we're
required to report. The government has put in place a voluntary
disclosure program, but many are unsure whether they should come
forward and subject themselves to stiff penalties.
In this sea of confusion, it is not surprising that many are tempted to
forego reporting. However, inaction could lead to stiffer penalties or, in
the worst cases, jail time.
Whether you are a taxpayer who wishes to make a voluntary disclosure or
has been summoned by the IRS for tax evasion, or you are an attorney
representing a client who has tax issues that are either criminal or civil,
you will most likely need the assistance of forensic and investigative
accountants who are versed in federal, state, local, and international tax
issues. This is what Holtz Rubenstein Reminick's Tax Advocacy Group is
all about.
The Group, consisting of former law enforcement personnel and IRS
agents, and with the support of a tax department of 60 professionals,
routinely assists taxpayers and their attorneys with a myriad of criminal or
civil tax issues:
Criminal - assistance in dealing with law enforcement
- Tax evasion
- Failure to collect or pay tax
- Failure to file tax returns
- Filing false returns
- Klein conspiracy (conspiracy to evade income tax)
- Foreign bank account reporting requirements (FBARs) & omitted income from foreign accounts
Civil - assistance with audits
- Improper deductions
- Penalty issues
- Eggshell audits (audits that could turn into criminal investigations)
- Preparation of amended returns
If you need an advocate to help you address your tax issues, look no further than Holtz Rubenstein Reminick.
Joel R. Podgor, CPA/CFF, CFE
Partner in Charge
Tel: 212.697.6900
Podgor@hrrllp.com
