Being considered a suspect in a crime is not a matter to take lightly. At the first sign of suspicion, it is often beneficial for individuals to understand what may have led authorities to suspect the person of a crime, the type of alleged crime involved and available legal options. […]
Some people may think that working as a tax preparer is an easy job that people only have to go to a few months out of the year. On the contrary, Texas tax preparers have to stay updated with numerous tax law changes that take place throughout the year and […]
Running a small business is a dream of many Texas entrepreneurs. Recently, taking the steps to get a business up and running may have finally seemed appropriate. However, it is time to consider the tax obligations of that business. If owners have not filed business taxes before, they may understandably […]
However, complying with laws and regulations is essential in avoiding potential criminal penalties. In some cases, individuals may realize that an issue with their offshore accounts has occurred and could benefit from voluntary disclosure. Voluntary disclosure allows a person who knows he or she has violated tax-related laws to voluntarily […]
Some people may feel targeted or attacked when they come under investigation for a crime. Unfortunately, no matter a person’s feelings regarding the situation, it is still one that must be faced and dealt with as best as possible. In some cases, those feelings could help create part of a […]
Texas tax preparers have significant responsibility when it comes to filing taxes on behalf of taxpayers. In many cases, taxpayers go to professional tax preparers because they do not fully understand how to file their taxes, how to look for deductions or how to handle other tax-related matters. Of course, […]
Though the idea of paying taxes is one that can cause much grumbling among Texas residents, not paying could cause serious issues. If the Internal Revenue Service suspects a person of intentionally avoiding the payment of taxes, it is possible for an investigation to begin and possible criminal charges to […]
The new year is here, and while many Texas residents undoubtedly hope that it is a better year than last, there are still certain unavoidable obligations to address. In particular, it is time to think about taxes. Whether individuals choose to file early or wait until closer to the final […]
Many Texas residents feel a sense of relief once they have their tax return filed. However, they may feel a pit in their stomach if they receive a notice that their return has been rejected. While this can happen for various reasons, including due to simple mistakes, it may be […]
Many individuals who live in Texas and other parts of the United States choose to use offshore or foreign bank accounts, and they face certain obligations under the law when it comes to reporting taxes. The Foreign Account Tax Compliance Act requires that U.S. taxpayers report their financial holdings that exist outside […]