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Penalty Relief options are available under the expanded IRS Fresh Start Initiative. The IRS still provides Penalty Relief through FTA and Reasonable Cause.

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To avoid penalties, a U.S. person with offshore assets will have to disclose those assets and the related income to the IRS, as well as pay taxes on foreign income.

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Abajian Law Tax Attorneys Vic Abajian and Aksel Bagheri attended the annual Tax Controversy Institute on October 25, 2016 at the Beverly Hills Hotel.

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Many options are available when dealing with back-taxes. A tax attorney is useful and sometimes necessary to pick the best option for a taxpayer in debt.

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At Abajian Law, we’ve put together an action plan if you find yourself with an IRS tax bill that you’re unable to pay.

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Many people are surprised to find out that there are people out there who pose as the IRS and contact you with the intent to defraud you.

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Vic Abajian, Esq., LL.M. of Abajian Law was invited to speak at the Armenian Bar Association’s Soiree held at the Beverly Hilton on Saturday August 20, 2016.

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Many people who owe money to the IRS have heard about tax resolution, but don’t know exactly what it is or how to get it. If you’re considering tax resolution, here’s what you need to know.

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The IRS has established a special procedure for people whose assets were forfeited in relation with structuring to request a return of their forfeited property or funds.

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The massive leak dubbed as the “Panama Papers” in the media has brought attention to the ability of high ranking world leaders, the rich and the elite to use foreign bank account and nominee entities to hide their wealth. Passports of at least 200 Americans show up in this week’s massive leak of secret data […]

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