Would there be any consequences to not filing any required fbars that are over 6 years past?

First please seek a consult with an attorney. Second there's varying viewpoints, some may say take advantage of the offshore voluntary disclosure...

If I and/or my wife own multiple c-corps, will the income be combined into one sum for federal corporate income tax purposes?

Although your EA is generally correct that c corps are in lower brackets, Lowering tax rates in short run is probably not the sole consideration. ...

Can someone please explain what "Income that is effectively connected with a trade or business in the United States" means?

Please read IRS publication 519 for more information.

Are there tax exemptions for US citizens who haven't been to the US for decades? And having low foreign wages?

You should consider the foreign earnied income exclusion. Read IRS.gov Publication 54, Tax Guide for U.S. Citizens and Resident Aliens...

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Are contributions withdrawn from a Roth IRA subject to any form of penalty if taken prior to age 59.5?

Call the plan provider. Also see: Topic 557 - Additional Tax on Early Distributions from Traditional and ROTH IRAs To discourage the use of...

How can a parent pass on income property to adult children so they do not have to taxes?

The Answer: with tax and estate planing. There are several options that might meet your needs like the use of structured gifts, a trust, or simple...

I am a medical marketer who wasn't told to keep receipts and document transactions. Can I be held for tax evasion?

I don't see how you committed tax evasion, unless of course "he" is IRS criminal division. Even if he is, I don't see tax evasion. It doesn't...

A corporation must file a return whether it has income or not and a corporation must file its income tax return by the 15th day of the 3rd month...

Agreed that you cannot deduct for personal UNLESS you are cleaning the suits for a deductible travel. Then, the cleaning may be deductible, even...

I am sure the person whose social you used will thank you for keeping their credit history good, there's likely probable cause that you committed a...