Venar Ayar, JD, LLM (Tax)
August 28, 2020 No Comments
Do you hold overseas banking accounts? Do your foreign accounts exceed $10,000? Have you failed to disclose foreign holdings to the IRS? If you answered “yes” to any of these…
Venar Ayar, JD, LLM (Tax)
August 17, 2020 No Comments
Do you have previous tax returns that you have not filed? Perhaps this was due to procrastination or in a misguided attempt to avoid paying taxes? To limit the penalties…
Venar Ayar, JD, LLM (Tax)
April 13, 2020 No Comments
If you have money in foreign bank accounts, you are not immune from disclosing that information to the IRS. The Foreign Account Tax Compliance Act (FATCA) requires foreign financial institutions…
Venar Ayar, JD, LLM (Tax)
October 14, 2019 No Comments
Owing taxes to the IRS is no joke. In fact, you could face severe penalties for not addressing outstanding tax liabilities. The good news is that there may be actions…