Tag: Tax Penalties

The FBAR, or Foreign Bank Account Report, is a form that must be filed annually by individuals who h [...]

Are you ready to take your e-commerce business to the next level? Well, you've come to the right pla [...]

Did you get a CP2501 letter from the IRS? The amount listed may not be correct. Discover what you sh [...]

The Inflation Reduction Act gives the IRS an additional $80 billion per year to increase services an [...]

The IRS Voluntary Disclosure Program (VDP) gives taxpayers a chance to avoid criminal tax charges by [...]

So you’ve received the notice that every taxpayer dreads: You owe the government money! Fortun [...]

If you received transactions from foreign trusts or entities during the tax year, you may need to fi [...]

Offshore accounts were once the go-to option for Americans who wanted to hide money from Uncle Sam. [...]

An IRS tax levy can put your property and personal assets at risk. Back taxes are hard to eliminate, [...]