If navigating the labyrinthine world of corporate taxation often feels like threading a needle in a storm, there’s a beacon of hope on the horizon. The IRS has just issued Notice 2023-42, signaling its intent…
Farhy v. Commissioner decision limits the IRS’s power to impose penalties for failure to file or filing late Form 5471 In a recent U.S. Tax Court opinion, Alon Farhy v. Commissioner, 160 T.C. 6 (Apr….
This page is for you if you want to cut through the BS and take full control of fixing your tax problems. *** Do you know this Fresh Start Myth that causes people to pay…
Unfiled tax returns are a common issue that many people face, but you shouldn’t ignore the problem. If you’ve missed the deadline for filing your tax return, you may be feeling overwhelmed and unsure of…
Help! I have not filed required Federal Tax Returns – What Should I Do? Introduction With every new year comes new responsibilities, including filing taxes or an extension prior to the April 15th deadline date….
Imagine walking out the door of your IRS examination appointment (court summons) with a lilt to your step, thinking to yourself, Nailed it. Here’s how to make that happen. What is an IRS examination appointment?…
If you’re an American residing in a foreign country, it can be joyful to think that you have escaped the stress that comes with the tax season every April. That is, however, a misplaced belief….