Tag: Tax Penalties

View All Blog Posts >
Did You Receive IRS Letter 6174, 6174-A, or 6173?

If you received an IRS crypto warning letter, you should call us sooner rather than later.

Cryptocurrency Audit: How to Avoid an Unfair Tax Bill
Are you undergoing a cryptocurrency audit? Worried you could get in trouble because you haven’t fu [...]
IRS Voluntary Disclosure Program
The IRS Voluntary Disclosure Program (VDP) gives taxpayers a chance to avoid criminal tax charges by [...]
FBAR Penalties: Late Filing and Non-Filing, Delinquent FBARs
FBAR Penalty: Non-Filing and Other Violations
The FBAR penalty—whether you fail to file or file inaccurately—can be serious, including hefty f [...]
4 Ways You Can Use Social Distancing Time to Get Ahead of Tax Debt
As the COVID-19 virus spreads rapidly, governments around the world are suggesting—and, in some ca [...]
I'm Being Audited by the IRS. What Should I Do?
Audited by the IRS: What to Do Next
First, don’t panic. If you got a letter from the IRS, are freaking out, and need to speak with som [...]
Mobile Tax Law: Venmo Tax Implications
If Your Business Uses Venmo, Read This Now
Why is Venmo Blowing Up? Released by PayPal in January 2018, Venmo’s instant, person-to-person tra [...]
Tax Law: Accidental Americans international tax amnesty
International Tax Law: Tax Help for “Accidental Americans”
Several weeks ago, we discussed the IRS’ amnesty program for a slim sector of ex-pats and so-calle [...]
Crypto Tax Law: International Evasion Task Force
International Crypto Tax Force Hunting Evaders and Money Launderers
IRS representatives met with tax authorities from the U.K., Australia, Canada, and the Netherlands. [...]