Tax News

A professional tax advisor or lawyer that looks americana and not indian sitting at a desk, discussing Offer in Compromise (OIC) negotiations with a client. The advisor is holding OIC forms and explaining the process, while the client is reviewing financial documents. The desk is organized with tax-related paperwork, a laptop showing OIC guidelines, and a bookshelf with legal books, indicating expertise and preparation for OIC negotiations.

Offer in Compromise (OIC) Negotiations

A realistic image depicting two paths diverging in a tax-related landscape. On one side, there is a signpost with "Reasonable Cause" written on it, surrounded by legal documents, a gavel, and scales representing fairness and justification. On the other side, there is a signpost with "First-Time Penalty Abatement" written on it, surrounded by tax forms, a calculator, and a calendar indicating timing considerations. The background shows a mix of tax-related elements like IRS symbols, tax laws, and financial charts.

Reasonable Cause vs. First-Time Penalty Abatement

IRS 10 Year Statute of Limitations Explained

4 Must-Know Changes

Your Guide to 4 Must-Know Changes for 2023

User An illustration depicting an expat family living in the US, consisting of parents and children from diverse backgrounds. The family is engaged in various activities such as working on laptops, studying, and enjoying leisure time together. In the background, there are symbols representing tax considerations for expats, such as international flags, currency symbols, tax forms, and a globe, highlighting the global nature of expat tax issues.

Tax Considerations for International Citizens and Expats Living in the U.S.

IRS Extends a Helping Hand

IRS Extends a Helping Hand: Penalty Relief on Nearly 5 Million 2020 and 2021 Tax Returns

Wonders of Tax Write-Offs

The Wonders of Tax Write-Offs and Their Benefits

Overlooked Tax Deductions

Unveiling the 5 Most Overlooked Tax Deductions

Severance and Taxes

Demystifying Severance and Taxes