Fraudulent Conveyance Issues - Orange County

Author: Christopher G Carmona CPA, APC | | Categories: Accounting Services , Amending Tax Returns , Audit Representation , Business Entity Selection , Certified Public Accountant , CPA Firm , Debt Resolution Services , Foreign Financial Accounts , Foreign Income , Installment Agreement , IRS Debt Resolution , IRS Installment Plans , IRS Notices , Licensed CPA , Offer in Compromise , Payroll Services , Self-Prepared Returns Reviewed , Tax Controversy , Tax Preparation Services , Tax Return Amendments , Tax Services , Unfiled Tax Returns

Blog by Christopher G Carmona CPA, APC

A fraudulent conveyance is where the tax debtor transfers assets to a third-party with the object or the result of placing the property beyond the reach of the creditor or hindering the creditor’s ability to collect a valid debt. A fraudulent transfer also occurs when property is transferred without fair consideration. 

Taxpayers who attempt to frustrate collection by transferring away assets that the IRS lien has attached to are usually subject to this claim of fraud, and these liens would be filed against the recipient of the assets.

Christopher G. Carmona CPA,CFE

Orange County, USA 



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  • Blog by Christopher G Carmona CPA, APC
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