Americans often feel like financial details are very private and personal. They don’t like to talk about them, even with members of their own family. This extends to estate planning. While just how much you tell anyone is up to you, of course, there are actually some...
Working The Puzzle From All The Angles
Month: July 2020
Do you owe money to the IRS? You have options
On Behalf of Demetrius J. Karos, Ltd. | Jul 15, 2020 | IRS
No one wants to learn that they owe money to the IRS, but this could become your reality at some point in the future. If it does, the first thing you should do is keep calm. This isn’t a time to panic, as there are options available to you. Once you come to grips with...
The intent behind tax evasion
On Behalf of Demetrius J. Karos, Ltd. | Jul 10, 2020 | Tax Evasion
If you find yourself accused of tax fraud of tax evasion, there is one simple question to ask: Did you intend to do it? What you’ll find is that the exact same outcome can have two very different sets of legal ramifications, all depending on what you meant to do. For...