What is an IRS FOIA?
The Freedom of Information Act, also called FOIA, found in 5 U.S.C. 552 gives any person the right to request access of... Read More
Update on the 2014 IRS Offshore Voluntary Disclosure Program
Per the OVDP FAQ, the 2014 Off Shore Voluntary Disclosure Program closed effective September 28, 2018. The program had been successful in... Read More
IRS TAX DEBT COLLECTION STATUTE: WHY FILING TAX RETURNS ON TIME IS IMPORTANT
Did you know that the IRS only has a certain number of years to collect on a taxpayer’s debt? This time limit... Read More
IRS FORM 3520: GIFTS FROM A FOREIGN PERSON
IRS FORM 3520: GIFTS FROM A FOREIGN PERSON AND FOREIGN TRUSTS If you are a U.S. person who received a foreign gift... Read More
IRS TAX LIENS: WHAT YOU NEED TO KNOW
IRS Tax Liens: What You Need to Know An IRS tax lien is the government’s legal claim against your property when you... Read More
FOREIGN TRUST REPORTING REQUIREMENTS: IRS FORM 3520-A
Foreign Trust Reporting Requirements Although there are a myriad of reasons why a U.S. person might create a foreign trust, or have... Read More
IRS SPECIAL ENFORCEMENT PROGRAM AUDIT
What is an IRS SEP Audit? If you have or your business has been selected for an IRS audit, it is important... Read More
THE IRS PLANS TO REINSTATE PRIVATE DEBT COLLECTION
If you have a tax liability with the IRS, you may be interested to know about a new program of the IRS.... Read More
CALIFORNIA SALES TAX OFFERS IN COMPROMISE AND THE IN BUSINESS OFFER IN COMPROMISE
CDTFA OFFERS IN COMPROMISE The State Board of Equalization allows taxpayers to request a settlement of their tax liabilities for less than... Read More
FTB TAX NOTICES 101
What Does My FTB Tax Notice Mean? If you have an FTB tax liability, it is very important that you monitor the... Read More