Venar Ayar, JD, LLM (Tax)
February 14, 2025 No Comments
After a big win on a lotto ticket or after a great night at the casino, the last thing you’re probably thinking about are those pesky tax obligations that come…
Venar Ayar, JD, LLM (Tax)
September 1, 2024 No Comments
A Quick Discussion on the 3 IRS Innocent Spouse Relief Programs In this post, we will describe each type of relief to available to a married taxpayer who filed a…
Venar Ayar, JD, LLM (Tax)
June 7, 2024 No Comments
The IRS requires taxpayers to follow two steps to apply for innocent spouse relief: Submit a completed Form 8857, Request of Innocent Spouse Relief Attach a statement explaining why you…
Venar Ayar, JD, LLM (Tax)
June 29, 2021 No Comments
Income Tax Rules for Common Side-Hustles In today’s day and age, it’s not uncommon to come across people who have side hustles to make some extra cash, especially since the…
Venar Ayar, JD, LLM (Tax)
February 28, 2020 No Comments
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…
Venar Ayar, JD, LLM (Tax)
February 24, 2020 No Comments
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…
Venar Ayar, JD, LLM (Tax)
January 3, 2020 No Comments
The IRS rejects a lot of Offers in Compromise (OICs). When an offer is rejected, you have 30 days to request an appeal. You can also consider using other tax…
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…
Looming income tax debt can be daunting and create financial stress. Can you file bankruptcy for tax debt? Here is the breakdown of how tax debt is handled in the…
Venar Ayar, JD, LLM (Tax)
March 19, 2019 No Comments
A doubt as to liability Offer in Compromise (OIC) can be used to settle tax debt when there is a legitimate dispute about whether you actually owe the debt. If…