{"id":891,"date":"2013-05-15T07:51:13","date_gmt":"2013-05-15T12:51:13","guid":{"rendered":"http:\/\/www.patellawoffices.com\/blog\/?p=891"},"modified":"2013-05-15T07:51:13","modified_gmt":"2013-05-15T12:51:13","slug":"finally-government-accountability-office-makes-recommendations-to-the-irs-for-tax-laws-education-to-immigrants","status":"publish","type":"post","link":"https:\/\/patellawoffices.com\/blog\/planning-for-tax-minimization\/finally-government-accountability-office-makes-recommendations-to-the-irs-for-tax-laws-education-to-immigrants\/","title":{"rendered":"Finally. Government Accountability Office makes recommendations to the IRS  for tax laws education to immigrants"},"content":{"rendered":"<p>In latest report from a government watchdog agency called the\u00a0<a href=\"http:\/\/www.gao.gov\/\" target=\"_blank\">Government Accountability Office<\/a>\u00a0(GAO) the GAO makes\u00a0<b><i>recommendations<\/i><\/b>\u00a0to the IRS, and the IRS pays attention. Those recommendations could put some taxpayers in trouble, but some are beneficial. Particularly helpful tax laws education commentary regarding offshore assets. Below is an excerpt from the report.<\/p>\n<p>&nbsp;<\/p>\n<p>In our [GAO] case file review, we [GAO] found examples of immigrants who stated in<\/p>\n<p>their 2009 OVDP applications that they were unaware of their FBAR filing<\/p>\n<p>requirements. We found they had often opened banks accounts in their<\/p>\n<p>home country prior to immigrating to the United States. IRS officials from<\/p>\n<p>the Offshore Compliance Initiative office stated that although there are<\/p>\n<p>several FBAR education programs, none are specifically targeted at new<\/p>\n<p>immigrants. Furthermore, these IRS officials were unaware of any IRS<\/p>\n<p>work with other federal agencies such as the State Department or the<\/p>\n<p>Department of Homeland Security to educate recent immigrants about<\/p>\n<p>their foreign account filing requirements. These officials stated that one of<\/p>\n<p>the challenges that they face in their office, which is part of IRS\u2019s Large<\/p>\n<p>Business and International Division, is that taxpayer education and<\/p>\n<p>outreach is the responsibility of IRS\u2019s Wage and Investment Division and<\/p>\n<p>that issues concerning FBARs fall under IRS\u2019s Small Business\/SelfEmployed Division.<\/p>\n<p>IRS officials from the Offshore Compliance Initiative office agree that<\/p>\n<p>more could be done to improve taxpayer education and outreach about<\/p>\n<p>offshore reporting requirements. They [IRS], like us [GAO], recognize that multiple<\/p>\n<p>outreach efforts could help to draw additional taxpayers into the offshore<\/p>\n<p>programs, and that data mining information from the program applications<\/p>\n<p>can help identify these groups.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In latest report from a government watchdog agency called the\u00a0Government Accountability Office\u00a0(GAO) the GAO makes\u00a0recommendations\u00a0to the IRS, and the IRS pays attention. Those recommendations could put some taxpayers in trouble, but some are beneficial. Particularly helpful tax laws education commentary regarding offshore assets. Below is an excerpt from the report. &nbsp; In our [GAO] case [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_daextam_enable_autolinks":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[19,20,23,24,52,54,63,68],"class_list":["post-891","post","type-post","status-publish","format-standard","hentry","category-planning-for-tax-minimization","tag-amnesty","tag-asset-protection","tag-fbar","tag-foreign-account","tag-offshore","tag-offshore-accounts","tag-ovdi","tag-ovdp"],"_links":{"self":[{"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/posts\/891","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/comments?post=891"}],"version-history":[{"count":0,"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/posts\/891\/revisions"}],"wp:attachment":[{"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/media?parent=891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/categories?post=891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/tags?post=891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}