IRS & Offshore Account Holders
The new bankruptcy reform was signed into law by the president in April, 2005. It willbecome effective on October 17, 2005. . Generally families earning more than the state median, about $45,000 in Illinois, will be will face huge roadblocks to filing a Chapter 7 bankruptcy on consumer debts and only be allowed to file Chapter 13. Prior to seeking the protection of bankruptcy debtors will be required to pay for debt counseling as a first step. The following is brief summary of the major tax related provisions of the act.
In this 2006 article, tax attorney Robert E. McKenzie discusses tax scams. Tax Scams Custom Search Tax Scams
Tax attorney Robert E. McKenzie comments as IRS unlocks UBS vault hiding Americans evading taxes. IRS Unlocks UBS Vault Custom Search
In Industry Trends article tax attorney Robert E. McKenzie discuss the new Whistleblower Law. IRS Whistle Blower Custom Search New IRS Whistle Blower
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