Ms. Obeid represents clients with New York residency issues and out of state source income at the audit and appeals stage, often obtaining a no-change adjustment (accepting the returns as filed) or substantial reductions in assessments.
Ms. Obeid represents numerous taxpayers with undisclosed offshore accounts advising the best course of action given their circumstances, including the IRS’ Voluntary Disclosure Program, Streamlined Program and other alternatives.
Ms. Obeid regularly represents executors of estates, successfully abating penalties. In one such matter she abated more than $600,000 in Federal and New YorkState civil penalties against the estate.
Ms. Obeid represented a client charged with filing false tax returns and failing to file a Foreign Bank Account Report. She obtained a sentence of probation for the client.
Ms. Obeid represents numerous non-filers and those who have failed to pay their taxes to Federal, State and City governments, obtaining an appropriate resolution through an installment payment plan or offer in compromise.
Ms. Obeid represents alleged responsible persons concerning payroll and sales tax, successfully resolving their matters with the United States Attorney, IRS and various states.
Ms. Obeid represents witnesses in Federal criminal investigations and cases involving unreported income and the failure to properly disclose foreign bank accounts.
Ms. Obeid represents accounting firms whose clients are being criminally investigated by the Federal or State governments.
Ms. Obeid represented a client in a federal audit with significant unreported income and was able to prevent the imposition of penalties.
Ms. Obeid represented a small business and its owner in a sales tax audit, reducing the assessment by nearly one-sixth and saving the small business.