The Rich Dodge Paying Taxes

As the middle and lower class continue to pay their taxes (to the best of their ability) and deal with the IRS on a day to day basis, the upper class continues to duck and dodge the IRS bullet of paying taxes. The wealthiest get away with hiding their fortunes by using offshore accounts to avoid paying taxes, and the United States struggles and continues to enforce taxes to be paid by the hard working lower and middle class American citizen. A new level of financial transparency is required for all countries to report all financial information to each other to avoid tax evasion. Until then, the rich will continue to get away with paying taxes.

At the Law Offices of Michael H. Raichelson located in Woodland Hills and Oxnard, California, we focus on tax resolution and bankruptcy.  For those who feel that they are struggling with past tax debt, contact our office and we will help you. 

OFFER IN COMPROMISE BASICS

An offer in compromise is an agreement between the taxpayer and the IRS that settles a tax debt for less than what is owed.  Eligible taxpayers will get a fresh start.  Applying for an offer in compromise does not ensure that the taxpayer will be successful.  It is necessary to hire experienced counsel to walk you through the process.