Venar Ayar, JD, LLM (Tax)
June 22, 2018 No Comments
We get it. Tax audits can be nerve-racking, to say the least. And while there is a lot of information out there on what is appropriate to do, there isn’t…
Venar Ayar, JD, LLM (Tax)
June 12, 2018 No Comments
Audits (which the IRS calls “examinations”) are the stuff of most taxpayer’s nightmares. When people think of tax audits, they automatically assume that some grey suit wearing IRS agent is…
Venar Ayar, JD, LLM (Tax)
June 7, 2018 No Comments
The IRS generally has three years from the date a return is filed or due to issue a Notice of Deficiency. If this period has expired, the IRS can’t assess…
Sending or receiving an international wire over $10,000 does not trigger a report to the IRS. The rule that generates the $10,000 figure everyone cites is a recordkeeping duty on…
Venar Ayar, JD, LLM (Tax)
February 6, 2018 No Comments
On April 28, 2026, marijuana held under a state medical marijuana license moved from Schedule I to Schedule III of the Controlled Substances Act. Section 280E of the Internal Revenue…
Venar Ayar, JD, LLM (Tax)
January 30, 2018 No Comments
When treasury agents get the scent of unreported income in their nostrils, they always use a variation of the good cop-bad cop routine. Sometimes before they even drop the A-word,…
