The tax lien: what is it and what can be done about it?
Many taxpayers may have heard of a tax lien before, but they don’t understand what the lien actually entails, such as the consequences of it being associated with your record. So what is a tax lien, and what does it mean for a taxpayer that is unfortunate enough...FBAR filing deadline is closer than you think …
The IRS has some good news and some bad news for expatriates and taxpayers with foreign income. First, the bad news: The deadline for filing Form 114, the Report of Foreign Bank and Financial Accounts, is moving up a couple of months.The good news is that the new...The first rule of Fight Club is: You do not talk about Fight Club
A friend of ours was floored recently when she received a letter from the IRS. Her first thought was our own first rule of IRS correspondence: Do not panic. In fact, “Do not panic” is also our second and third rule. Our friend’s second thought was,...Certain tax-related deadlines changing
There are all different sorts of deadlines we face in our lives. For some of these deadlines, there can be very major consequences if we end up missing them. Federal tax deadlines fall into this category. If a person fails to file a federal tax return or form...
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