Let Morgan Sebastian Law Help Solve Your Tax Problem
Unlike before, cryptocurrency is no longer flying under the radar. The Internal Revenue Service (IRS) has made digital asset enforcement a priority and if you hold or trade cryptocurrency, it is worth knowing what could put you on the IRS's radar. What tools does the...
Installment agreements with the California Franchise Tax Board (FTB) let you spread state tax debt over monthly payments instead of paying a lump sum. These repayment plans may stop some collection activity while you pay, but you must meet reporting requirements and...
Foreign bank accounts can raise red flags with the IRS if your reporting does not line up with federal rules. FBAR requirements apply to many taxpayers, even when no tax is due. If the IRS questions your disclosures, you need to understand what caused the attention....
Tax debt can feel overwhelming when balances grow beyond what you can realistically pay. You may wonder whether the IRS allows any structured way to resolve that debt for less than the full amount owed. An Offer in Compromise (OIC) gives some taxpayers a lawful option...
Receiving an audit notice can feel overwhelming, especially when deadlines approach quickly. If you miss the deadline to respond, the IRS does not close the audit or pause the process. Instead, a missed deadline often leads to added issues that can increase financial...
