Tag: tax compliance
4 Possible Reasons the IRS Could Freeze Your Assets
Apr 19, 2022
Paying taxes is a duty, and the IRS can freeze your bank account for any unpaid tax debts. Learn about various other reasons the IRS could freeze your assets.
How Does U.S. Tax Law Work with Immigration
Mar 24, 2022
Immigration tax can be tricky if you don't know how to process it or who to ask for help. Read on to learn how U.S. tax law works with immigration.
Here’s How the IRS Actually Finds Out If You Are Tax Compliant
Feb 15, 2022
With the tax gap widening, the IRS has implemented different tactics for this massive undertaking to crackdown on taxpayers who habitually find a way to cheat the system. Let us examine the tax…
Everything You Need to Know About Bad Debt Deduction
Feb 01, 2022
Dealing with debts can somehow work to your advantage, especially if you are looking for possible tax deductions. Here, it's crucial that you fully understand what bad debt deduction is and how to…
Foreign Account Tax Compliance Act (FATCA) Explained
Jul 27, 2021
FATCA or the Foreign Account Tax Compliance Act can seem like an obstacle when filing expat taxes. Here is everything you need to know to comply with the law.
Top 9 Tax Compliance Issues for Businesses
Jul 14, 2021
Read on as we go through some common tax issues businesses face, including how to avoid or resolve them.
What Happens If You’re Tax Noncompliant
Jun 15, 2021
Tax noncompliance is a serious offense. Here are the possible consequences if you fail on your tax responsibilities, whether willfully or not.