tag:blogger.com,1999:blog-1519969502186924526.post5088074894617952000..comments2023-10-24T08:00:53.865-05:00Comments on Federal Tax Crimes: Article on the Emerging Consensus for Taxing Offshore Accounts (1/3/13)Jack Townsendhttp://www.blogger.com/profile/14469823736335455874noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-1519969502186924526.post-25165544490780560742013-02-11T07:07:40.896-06:002013-02-11T07:07:40.896-06:00I think this would depend upon the complexity of t...I think this would depend upon the complexity of the return.<br /><br />JackJack Townsendhttp://www.tjtaxlaw.com/noreply@blogger.comtag:blogger.com,1999:blog-1519969502186924526.post-46657878038283722362013-02-11T03:50:38.761-06:002013-02-11T03:50:38.761-06:00The agent who sent you the SoL extensions to sign ...The agent who sent you the SoL extensions to sign was only part of a "logistics" team. This agent is useless to you from an end-customer perspective. He or she cannot tell you anything about your case. His or her job is to do nothing more than check that all your required documents are there, get the latest SoLs signed and then okay your box for subsequent shipping out to a Revenue Agent who will be assigned to do the "computations" for your case. This computation Revenue Agent is the agent that will matter. If the agent who you contacted was located in Austin, where your OVDI documents were likely submitted, this is for sure what has happened as that is where the OVDI documents are distributed from. The logistic agents are also unable to tell you a time frame for when your case will be assigned to a "computation" Revenue Agent, although as of October 2012, they were telling OVDI participants that reckoning with a one year wait time would not be unreasonable as there were not enough agents available to process the OVDI cases.anon5percentnoreply@blogger.comtag:blogger.com,1999:blog-1519969502186924526.post-19292927390067043352013-02-10T16:46:00.085-06:002013-02-10T16:46:00.085-06:00To Jack and others.
I am in the OVDI 2011. My ame...To Jack and others.<br /><br />I am in the OVDI 2011. My amended returns were picked up by an agent in October 2012. He had us sign SOL extensions. The returns were professionally prepared. As we have not heard anything since then, we contacted him last week and we were told that he had sent the amended and original returns to "computation specialists"/another team within the IRS. <br /><br />Is this a normal process. I was under the impression that the agent assigned does all the checking themselves?OVDI11noreply@blogger.comtag:blogger.com,1999:blog-1519969502186924526.post-50845405634970995312013-01-04T09:58:48.438-06:002013-01-04T09:58:48.438-06:00For all your academic-sounding bluster, it seems y...For all your academic-sounding bluster, it seems you have a poor grasp of the driving force behind all this -- a US-centric worldwide taxation movement. The US is the only industrialized country that taxes its offshore citizens (and the children of those citizens) until death -- and after that in the case of estate tax. This is not a global problem, except in the sense the rest of the world does not want the extraterritorial legislation. The "emerging consensus" is held by US lawmakers looking to increase taxes on those offshore residents who have no real representation in Congress. Nobody is defending tax evaders, especially American residents looking to hide money offshore. That increasingly draconian legislation equally impacts even accidental Americans (those born abroad), green card holders, and 90-year-old grannies who were born in the US and moved to Canada at the age of 3 is of no consequence to our Congress. Under what principle of justice and fairness can an 87 year Canadian citizen and resident be taxed in the United States? We should be ashamed of it. And we wonder why our government is seen as imperialistic....Linda SoninLawnoreply@blogger.com