Venar Ayar, JD, LLM (Tax)
September 14, 2020 No Comments
Unpaid payroll taxes can result in penalties against you and your business. If you have a valid reason as to why the taxes were not paid, the federal agency may…
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)
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…
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…
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…
Venar Ayar, JD, LLM (Tax)
February 8, 2019 No Comments
The IRS may grant penalty relief for reasonable cause based on all the facts and circumstances of your situation. This broad category of penalty relief can cover many different types…
