You might be unaware that you have unfiled tax returns until you get a notification from the IRS. These notifications can take on many forms, so it’s important to hire a tax attorney to help guide ... Read More
IRS Notices for Unfiled Tax Returns
Ayar Law Blog
What are Collection Due Process Appeals?
Do you owe money to the IRS that has resulted in a Notice of Federal Tax Lien being filed, or a levy action being taken? If you think this action is unwarranted, you can file a ... Read More
What are Criminal Penalties for Tax Preparers?
As a tax preparer, you can face stiff criminal penalties for falsified tax documents. When the IRS notifies you of a potential penalty, it’s important to take the right steps from the beginning – including contacting ... Read More
Offer in Compromise vs. Bankruptcy: Which is Better For Me?
Being in debt is not pleasant…and tax debt is no different. While filing for bankruptcy may help you with most debts, it is not always the best solution for dealing with IRS debts. One of the ... Read More
Does Your Tax Debt Ever Expire?
The IRS generally has ten years to collect your tax debt from the time the tax is assessed. This period can be extended if certain events take place that toll the statute of limitations of tax ... Read More
3 Things to Know Before You Request Innocent Spouse Relief
You may be able to eliminate some or all of your marital tax debt by requesting innocent spouse relief. If you think you may qualify, contact a tax attorney right away to discuss your case. Key ... Read More
FinCEN Form 8300 and the Marijuana Industry: The Electric Company Complex
If you own a cash-business (especially if you work in the marijuana industry – especially as a grower) then this article is for you. I have recently heard from a colleague about a tax issue that ... Read More
5 Benefits of Negotiating an IRS Installment Agreement
An IRS installment agreement is one of the best ways to resolve your tax debt problems. You can avoid most types of IRS collection actions and pay off several years of tax debt as long as you ... Read More
Is There Any Way to Avoid Paying FBAR Penalties?
You may be able to avoid paying FBAR penalties if you qualify for a delinquent FBAR submission or the Streamlined Compliance Procedures. These voluntary disclosure methods eliminate or reduce your tax penalties while getting you into reporting ... Read More
How Much Do You Have to Pay in FBAR penalties?
IRS examiners have discretion when assessing both willful and non-willful FBAR penalties. You could receive higher or lower FBAR penalties depending on the specific facts and circumstances of your case. ... Read More
