IRS Campaigns: Puerto Rico - Act 22 | Six Month Update

A six month update to the IRS's campaign against Act 22, Puerto Rico's tax incentive used by tax payers in the U.S. Acts 20 and 22 of Puerto Rico are a hotly debated topic between those for and against U.S. intervention. Get more information about the topics that affect you! 🌎Website - https://askfrost.com 💼LinkedIn -   / frost-&-associates   📘Facebook -   / frosttaxlaw   🐤Twitter -   / irstaxissues   Chapters: 0:00 – Intro 2:00 – Past IRS Campaigns 4:20 – Cryptocurrency 8:00 – Voluntary Disclosure 9:28 – Rights of the Taxpayer 10:58 – Information Request 12:35 - What Can Be Used in An Audit 14:00 – Common Understanding of Rules 17:00 – What Will the IRS Focus On 17:50 – When Will Enforcement Start 19:23 – Voluntary Disclosure 21:12 – Puerto Rican Tax Laws 22:29 – What Can You Do 24:17 - Outro Resources: IRS Enforcement Warning on Puerto Rico: https://www.irs.gov/compliance/crimin... Act 20 & 22: https://www.the2022actsociety.org/ Act 22 Video:    • Puerto Rican Tax Incentives   Section 933: https://www.irs.gov/pub/irs-pdf/p1321... About Frost Law: Frost Law is comprised of skilled tax attorneys, business attorneys, litigation attorneys, estates attorneys, Certified Public Accountants, Certified Financial Planners, and other tax professionals. We have been serving clients across the country and abroad. We have office locations on the East Coast in Maryland, Virginia, Washington, D.C., Pennsylvania, Florida and serve clients internationally. DISCLAIMER: This video is not legal, tax, or financial advice. Talk with a professional about your situation before making any legal or financial decisions. These videos also do not create attorney-client privilege. #FrostLaw #PuertoRicoTaxIncentives #IRSCampaigns