Recent content by Coolio

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    Question on Virginia Fraud Against Taxpayers Act (VFATA)

    Thank you @Tax Counsel that was very helpful! :) As for the very last part, I initially thought that Commonwealth "proceeds with an action" means smth. like "agrees with the fact of violation and becomes a party [prosecutor?] in a legal process", while based on your words this is rather "whose...
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    Question on Virginia Fraud Against Taxpayers Act (VFATA)

    Dear all, thank you for kindly finding time to comment on the following: According to § 8.01-216.3(A)(1)&(2) False claims; civil penalty of VFATA "any person who: knowingly presents, or causes to be presented, a false or fraudulent claim for payment or approval; Knowingly makes, uses, or...
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    Reporting SSA & IRS fraud (concealed income) - looking for advice

    @Tax Counsel Well, yes sure - from this perspective it certainly does matter. I rather meant smth. different. I wanted to thank you one more time and of course I will update this thread when I have smth to share on this case. :)
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    Reporting SSA & IRS fraud (concealed income) - looking for advice

    @Tax Counsel thank you for clarifying the final details and for all the time you've kindly spent on this thread. I highly appreciate that and send +++ to your karma. :) @adjusterjack As @Tax Counsel mentioned I've already answered the similar question earlier in this thread. Taken this forum...
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    Reporting SSA & IRS fraud (concealed income) - looking for advice

    Dear @Tax Counsel , thank you for your detailed explanation! In order to close my "case" on the forum, may I kindly ask you to clarify the very last points, which will finalize the shape of my future report? 1. How does IRS apply income tax when the foreign currency is an integral part of the...
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    Reporting SSA & IRS fraud (concealed income) - looking for advice

    Thank you @Tax Counsel - I highly appreciate your help. Being unaware of foreign country's legal system makes the process much more complicated, so your assistance was really indispensable. Just final points that I'll ask you to kindly comment (if you don't mind) and I will start collecting all...
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    Reporting SSA & IRS fraud (concealed income) - looking for advice

    Thank you so much @Tax Counsel , here are my comments too: Hereinafter - emphasizing in bold is mine. I don't know the precise amount he got from selling his real estate, as this information is in the sale contract, which I don't have access to. The idea was to point IRS's attention to the...
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    Reporting SSA & IRS fraud (concealed income) - looking for advice

    Sorry guys for not replying earlier - I did my own investigation on the topic and, taken that I'm not American it took some time to dive into details of your guys legal system and stuff. Thank you all for your valuable input and I will highly appreciate if you kindly find time to read & comment...
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    Reporting SSA & IRS fraud (concealed income) - looking for advice

    Dear all, An American citizen has been the owner (direct ownership as a private person) of the real estate in a foreign country for several years. He didn't declare this ownership to SSA when applied for Social Security benefits based on "limited income and few assets", and as a result has been...
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