People are often told to face their fears in order to make them less scary. If you're afraid of heights or the dark, for instance, you can start gradually exposing yourself to situations where you confront the feeling of fear in a safe environment. As helpful as...
Month: March 2016
You can’t run — or fly — away from the penalties of back taxes
Owing money for back taxes to the IRS can be a very stressful situation. Not only are you going to have to pay penalties and interest on the unpaid money, the fact that you are behind in your tax obligations can affect your professional life and your personal...
3 ways an attorney can help if you are facing an audit
The fear of being audited is something that every person can experience. However, while it is undoubtedly a serious event, an audit is not something you have to go through alone.You can work with a legal representative who has been through this complex process before...
Purpose of foreign transactions under scrutiny by IRS
If your company conducts business in the U.S. and at least one other country, you should be aware of the issues with paying foreign taxes. In some cases, you will have to pay both U.S. and foreign taxes, but in the U.S. you can recoup some of this money by seeking...
Can I make a deal with the IRS to repay back taxes?
If you owe money to the IRS, you can be in a very upsetting situation. Owing back taxes can create considerable challenges when it comes to events like buying a seek or seeking any type of loan, not to mention the financial penalties and the anxiety and fear that...
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