Month: March 2016

By Sanford Millar of MillarLaw A Professional Corporation On Monday, March 21, 2016

What happens when The IRS attacks your offshore asset protection plan?  The simple answer is you may face a variety of civil and criminal investigations and penalties.  What constitutes an offshore asset protection plan? The most commonly known form of offshore asset protection plan is a “numbered”foreign financial account. This type of plan relies on … Continue reading When Offshore Asset Protection Fails

By Sanford Millar of MillarLaw A Professional Corporation On Monday, March 14, 2016

Individuals suffering from mental illness or the effects of substance abuse may have a “reasonable cause” for penalty relief.  Example, an indivdual who is suffering from chonic drug dependency who may have been in and out of rehab facilities, (think of any number of celebrities) or an individual with a degenerative mental condition such as … Continue reading Reasonable Cause and Record Reconstruction