What Are Criminal Tax Restitution, Fines and Forfeiture?
It may be hard to believe, but in state and federal criminal tax law cases, the victim is our government.
Tax Implications of the Paycheck Protection Program
Did you know some tax deductions can be claimed on the Paycheck Protection Plan loans?
Penalties for Non-willful Violations
Did you know you are required to file a FBAR form if you have overseas accounts? If not, you could be in trouble with the IRS.
Penalties for Willful Violations
If you knowingly did not file a FBAR form to disclose your foreign financial dealings, expect major IRS penalties or worse.
Other Important Filing Requirements for Those with International Interests
International tax compliance is complicated. Learn which forms you need to file to stay off the IRS’ radar from a top national tax attorney.
Filing Requirements for Those with an Interest in Foreign Corporations, Form 5471
Having interest in foreign corporations is not illegal. Failing to disclose it is. A top tax attorney explains why you need to file IRS Form 5471
Filing Requirements for Those With Foreign Assets, Form 8938
IRS Form 8938 is required if you have foreign assets. An experienced tax attorney explains when you need to file Form 8938 and how to complete it.
International Tax Considerations for Individual 1040 Filings
When you file your Form 1040, do not omit information about any overseas holdings you have. Confused? Learn what to do to avoid problems with the IRS.
Types of Foreign Income that Trigger Filing Requirements
If you are a nonresident but earn income from U.S. sources, then you owe taxes to the IRS. Read this advice from a top U.S. tax attorney.
An Update on California’s Proposals to Tax the Rich
Will taxing the rich create a more equitable tax system or stifle growth and force California millionaires to move?
How Does the FTB Handle Business Tax Collections?
Has your business evaded or ignored the FTB’s collection notices? Don’t be surprised if a field collector comes knocking.
How to Process Employee Withholding Orders for Taxes
If you are an employer, you should know how to process employee wage garnishments or EWOT. Failing to do so can have consequences for you and your business.