Qualifying for Innocent Spouse Relief While Going Through Divorce

Divorce often causes a significant financial burden, in addition to serious tax implications. Divorce proceedings often lead to spouses becoming aware for the first time of their joint tax issues with an ex-spouse. At Rosefelt & Associates, our p...

IRS Announces OVDP Success

Today, the Internal Revenue Service (IRS) is drawing attention to the success of its efforts in bringing taxpayers with unreported offshore accounts back into tax compliance. Since 2009, around 100,000 U.S. taxpayers have utilized the IRS Offshore Vo...

Ex-UBS Banker Advocates for Whistleblower Protections

Former UBS banker turned whistleblower Bradley Birkenfeld has called for changes in the Swiss law to protect whistleblowers, as detailed in a recent interview with Bloomberg BNA. Birkenfeld was awarded $104 million in 2012 by the U.S. government for...

The 2015 Maryland Tax Amnesty Program

The Maryland General Assembly recently passed a bill on April 6th, 2015, providing tax amnesty to qualifying taxpayers from September 1st, 2015, through October 30th, 2015. Approved by Governor Larry Hogan Jr. and scheduled for enactment on June 1st,...