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Form 926 – Valuable Info You Need To Know When You Own A Foreign Corporation
…the tax year that includes the date of the transfer. Penalties for Failure to File Form 926 The IRS can impose egregious penalties when it relates to transactions and income…
A Complete Guide To The IRS Fresh Start Initiative: Latest You Need To Know
…So it is important to understand each program’s requirements and how the application process works. Offer in Compromise The Offer in Compromise is a repayment option available under the IRS…
Understanding FBAR Penalties? See Tips On How To Avoid
…violation applies only to entities, such as corporations. It does not apply to individuals. If an entity engages in a pattern of negligent violations, a greater FBAR penalty may be…
Las Vegas Tax Levy – Practical Info You Need To Know
…debt over time under an installment agreement. If the IRS agrees to this arrangement, you will make payments each month until the debt is completely paid. As long as you…
About the Company
…complex issues involving individual, business, international, and expatriate taxes. We offer comprehensive services: strategic tax planning, tax return preparation, tax resolution, IRS representation, and advisory services. We stay on top…
FBAR Filing — a Guide to Reporting Foreign Accounts for U.S. Expats
…and estates formed under U.S. laws. You won’t incur taxes on your foreign bank account because of this form. It’s essential to understand that the FBAR is not a tax…
Las Vegas Tax Lien – Practical Info You Need To Know
…abatement Innocent spouse relief Start looking into these options immediately. Resolve the issue before the IRS establishes a tax lien and resolution becomes more costly and complex. 3. Seek professional…
Las Vegas Tax Problems – Practical Info You Need To Know
…you can pay your tax debt back over time, you may be able to establish an installment agreement with the IRS. Under this type of agreement, you will make payments…
Las Vegas Tax Relief – Practical Info You Need To Know
…income or activities. Whereas, injured spouse relief is available if you have had your refund seized to repay a spouse’s tax debt. Other types of Las Vegas tax relief. Although…
Answering the Age-Old Question: Do Retirees Need to File Taxes?
…In this article, we’ll answer all your questions about retirement tax and explain why some retirees still pay their taxes. Tax Filing for Retirees As a retiree, there is a…