We continue to share the IRS’ Taxpayer Advisories identifying the “Dirty Dozen” most prevalent tax scams of this filing season. Today’s blog covers the crime of failing to report offshore income which can result in significant penalties including possible criminal prosecution. “Offshore evasion remains a primary focal point of overall IRS enforcement efforts, and our Criminal Investigation and civil enforcement teams work closely with the Justice Department in the international arena to ensure our nation’ s tax laws are followed,” said IRS Commissioner Chuck Rettig in this recent advisory,

https://www.sharrardmcgee.com/blog.php

If you have been approached about an offshore tax evasion “opportunity,” be sure to share this with your CPA at Sharrard, McGee & Co., PA. They can help you avoid taking a very dangerous risk. Call us at (336) 884-0410 or (336) 272-9777.