FAQ 4: Tax Lien Release

FAQ 4: Tax Lien Release

Q: The IRS has filed a tax lien against me. How do I get it released? A: The IRS filed the tax lien to secure the IRS’ creditor interest in collecting unpaid taxes. The lien is subject to a 10-year...
Read More
FAQ 3: Unfiled Returns

FAQ 3: Unfiled Returns

Q: What should I do if I have unfiled individual or business tax returns? A: Depending upon the amount of unreported income and the years of unfiled returns, the taxpayer could be at risk per tax year for willful failure...
Read More
FAQ 2: Tax Planning

FAQ 2: Tax Planning

Q: When does tax planning require a tax attorney? A: A well-executed tax plan can reduce your tax burden. It will also give you peace of mind that any future audit examination will not contain any mistakes in the application...
Read More
FAQ 1: Foreign Account Tax Compliance Act (FATCA), Report of Foreign Bank and Financial Accounts (FBAR)

FAQ 1: Foreign Account Tax Compliance Act (FATCA), Report of Foreign Bank and Financial Accounts (FBAR)

Q: What should I do if I receive a Foreign Account Tax Compliance Act (FATCA) letter from my foreign financial institution? A: The foreign financial institutions send FATCA letters to account holders because they are required to share the information...
Read More