by Tax Crisis Institute Staff | Aug 16, 2017 | IRS News
The IRS has dramatically increased the fees on installment agreements. Effective January 1st, 2017, the fees for regular installment agreements have gone from $107 tp $225 and the fees for Direct Debit installment agreements has gone from $52 to $107. The fees for... 
by Tax Crisis Institute Staff | Jan 21, 2016 | IRS News
Passed in Congress and signed into law on December 4, 2015 was the Fixing America’s Surface Transportion Act. The language in this law prevents you from traveling outside of the USA if you owe money to the Internal Revenue Service in excess of 50 thousand dollars.... 
by Tax Crisis Institute Staff | Oct 5, 2015 | IRS News
In 1997, Congress held extensive hearings about IRS abuse. During those hearings, there was testimony about taxpayers literally committing suicide because of the harassment they say they were receiving from IRS collection agents. In response to public outrage,... 
by Tax Crisis Institute Staff | Jun 4, 2015 | IRS News
Under the Bank Secrecy Act, U.S. residents – or a person in and doing business within the United States – must file a report with the U.S. Treasury if they have a financial account in a foreign county with an aggregate value exceeding $10,000 at any time... 
by Tax Crisis Institute Staff | Nov 17, 2014 | IRS News
FBAR is an acronym standing for Report of Foreign Bank and Financial Reports. This report is due annually June 30th on all Taxpayers with offshore assets; it is a Report that Taxpayers must file in addition to disclosure on schedule B of their 1040s. There are... 
by Tax Crisis Institute Staff | May 20, 2014 | IRS News
The IRS is a familiar name in every American household because they are the people who we pay our taxes to, and those who will track us down if we don’t do it on time. But, that is just about as far as our knowledge goes. Just in case you need to know a little bit...
