Category Archives: Talking Taxes

If you’ve suffered sudden, unavoidable financial hardship, the IRS may be willing to work with you and offer tax relief. Find out what types of scenarios qualify for IRS penalty abatement.

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The IRS is ending its Offshore Voluntary Disclosure Program (OVDP), which means that the last chance to take advantage of this hugely beneficial amnesty program is rapidly approaching.

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If you hold foreign assets or earn money overseas, it’s critical that you are aware of your FBAR obligations. Learn more about how to protect yourself in the event of an FBAR audit.

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If you’re facing a federal or state tax lien or levy, read on for information about some of your rights and options.

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How does an offer in compromise work? What guidelines are necessary to take advantage of it, and when should a tax attorney be retained to help with the process?

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In an increasingly connected economy, it’s important that private citizens and business owners tread carefully with tax implications both at home and abroad.

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If you have tax issues stemming from underpayment or non-disclosure of foreign assets, you may have heard of the “OVDP” — the IRS’ Offshore Voluntary Disclosure Program. It’s a program the IRS offers taxpayers who are exposed to potential criminal liability and/or substantial civil penalties, due to mishandling of tax payments due on their foreign […]

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Each year, the deadline for filing your taxes (usually April 15) sneaks up on many people, who end up missing it. So, you missed the deadline — now what?

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There is a new deadline for FBAR filing: taxpayers will have to submit their FinCEN 114 forms on April 15, with a 6-month extension available.

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The IRS will negotiate a settlement for taxpayers who meet specific requirements. A tax attorney is highly recommended when negotiating with the IRS.

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