The IRS can use aggressive tactics to collect your tax debt, but you may be able to negotiate a settlement instead.
Reasonable cause relief may save the day. Tax penalties can be a harsh reality for many taxpayers, especially those dealing with complex international tax obligations. The IRS imposes penalties to ...
U.S. taxpayers who receive foreign gifts or inheritances are required to report these transactions to the IRS using Form 3520 ...
The IRS has solutions for those struggling with their tax debt, including one-time forgiveness. Here's what it is.
Navigating the complexities of tax season can be daunting, especially with the looming threat of IRS penalties and audits.
If the IRS has assessed a tax penalty on your account for the first time, don't panic. You may qualify for a relief measure ...
For taxpayers struggling with IRS collections, mounting penalties, or unmanageable tax debt, Clear Start Tax provides expert guidance on available resolution options. The firm assists with stopping ...
The agency may also offer penalty relief for a reasonable cause ... abatement, you’ll need to meet the following criteria: If ...
New IRS educational materials from the 2024 Nationwide Tax Forum cover international tax topics such as proper FBAR and FATCA reporting of foreign income and assets.
If you missed filing your tax returns for previous years, you can still submit them in 2025. The IRS allows taxpayers to file ...