Delinquent Taxes Archives - Page 4 of 5 - FREE Yourself from IRS Problems

Shamsey Oloko August 11, 2016 Delinquent Taxes, FATCA, FBAR 0

What You Need To Do If You Haven’t Been Filing FBARs

Taxpayers are required to file an FBAR (Report of Foreign Bank and Financial Accounts) if they had a financial interest in or signature authority over at least one financial account located outside of the United States; and the aggregate value…

Shamsey Oloko July 18, 2016 Bankruptcy, Civil Liabilities, Civil Penalties, Criminal Liabilities, Debt Cancellation, Debt Forgiveness, Delinquent Taxes, Representation, Tax Abatement 0

Part 2 – What If: Debt Related Life Events And Struggling Taxpayers

If you have any type of financial difficulty, keep in mind that there’s a tax impact to events such as job loss or foreclosure. Such consequences may not necessarily be predominantly negative. For example, if your income decreased, you may be…