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Recently a client called my office stating that she got a letter saying that the US Department of State has been notified that she was certified as seriously delinquent, and that the US Department of State will deny her application for a passport or passport renewal. She had some international travel coming up, so she […]

If you are non-filer who has not filed tax returns for years, chances are you are delinquent on your state filing obligations as well. While the IRS has a policy that taxpayers file six years of tax returns under Policy Statement 5-133 to be considered compliant, your state may have a reduced tax filing obligation

I heard that IRS has started issuing Letter 6339 to taxpayers. This letter informs a taxpayer that they may have foreign accounts that were not reported to the IRS. If you received this letter, please give our office a call at 480-442-7063 for a free no-obligation consultation.

After the long pandemic, IRS is looking to step up its Collection Enforcement. Taxpayers can expect to get letters from the IRS about unpaid taxes, unfiled tax returns, crypto currency reporting, etc. According to National Law Review article, the IRS is responsible for collecting almost 95 percent of total federal revenue through its compliance and

Congratulations, Foreign investor, on your purchase of a good rental real estate property in the United States! Of late, a lot of foreign clients have been consulting with me when they attempt to sell their rental real estate property. When interviewing them, I have been noticing that almost no one has been filing a US

Of late, I have been getting calls from realtors, who are representing their Canadian (predominantly) clients sell their US rental properties here in the Phoenix/Scottsdale/Mesa/Chandler area. The real estate market is hot, properties have appreciated, and properties are selling for well above the listed price with Multiple Offers. It is understandable that clients want to

If you have a high balance owing to the IRS, and you are having a tough time making ends meet, then Currently Not Collectible (CNC) is a good status to be in with the IRS. Think of the CNC as an Installment Agreement with the IRS, except that you pay -0- (zero) dollars to the

Once a tax return is complete, clients ask me how they can make their individual income tax payments to the IRS or to the various states. While many software companies allow the funds to be taken out directly from the client’s bank accounts on a given date, I generally do not like this option as

Recently I was working on a Tax resolution case where a non-filer client had not filed Federal Income tax returns (1040) since 2011. IRS had sent the client CP504s for a 2009 and 2010 balance. The first step is such cases is to get the taxpayer in compliance with the IRS. This involves filing the