tax penalties

Foreign Real Estate and Offshore Disclosure Landmines

Venar Ayar, JD, LLM (Tax) February 16, 2025 No Comments

Most law-related information on the web comes with a disclaimer towards the end. When discussing foreign real estate and offshore disclosure, though, I would put the disclaimer at the very…

Payroll Tax Penalties: Rates and Relief

Venar Ayar, JD, LLM (Tax) September 14, 2020 No Comments

Payroll tax penalties can start at 2% of a late deposit and, in serious cases, end with the IRS collecting the trust fund portion from you personally, out of your…

Amnesty Programs for Your Foreign Bank Accounts

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…

Know Your Legal Options for When You Discover Unfiled Tax Returns

Venar Ayar, JD, LLM (Tax) April 10, 2020 No Comments

Every year you are required to file a tax return with the IRS. Failing to do so can have numerous consequences, from penalties to criminal charges. Learn more about what…

What are Criminal Penalties for Tax Preparers?

Venar Ayar, JD, LLM (Tax) March 23, 2020 No Comments

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…

What Are the Penalties for Tax Fraud?

Venar Ayar, JD, LLM (Tax) May 6, 2019 No Comments

The IRS can assess several different types of penalties for tax fraud, including the following: Civil tax fraud penalty Fraudulent failure to file penalty Criminal penalty for filing a fraudulent…

IRS Failure to File Penalty: Rates, Caps, and Relief

Venar Ayar, JD, LLM (Tax) November 20, 2017 No Comments

The IRS failure-to-file penalty is 5% of the unpaid tax for each month or part of a month your return is late, up to 25% of the unpaid tax. It…

Confidential Case Review

Foreign Real Estate and Offshore Disclosure Landmines

Payroll Tax Penalties: Rates and Relief

Amnesty Programs for Your Foreign Bank Accounts

Know Your Legal Options for When You Discover Unfiled Tax Returns

What are Criminal Penalties for Tax Preparers?

What Are the Penalties for Tax Fraud?

IRS Failure to File Penalty: Rates, Caps, and Relief

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