Sacramento Law Group

The Civil & Criminal Penalties For Failing To File An FBAR

The Foreign Bank and Financial Accounts Report (FBAR) is a mandatory filing requirement for U.S. citizens, residents, and entities, including corporations, partnerships, and trusts, that have financial interests in or signature authority over foreign financial accounts exceeding $10,000 at any time during the calendar year. Administered by the Financial Crimes Enforcement Network (FinCEN), the FBAR […]

Procedures Involved in Jeopardy and Termination Assessments 

While it is true that jeopardy and termination assessments dispense with certain requirements that are usually followed in regular deficiency assessment procedures (for instance, the issuance of a notice of statutory deficiency), it does not mean that no protocols are in place. Should the IRS opt to exercise its authority in initiating jeopardy and termination […]

Abatement of IRS Tax Assessments

The word “abate” means to lessen, reduce, or remove. Abatement of an assessment also carries the same meaning. That is, an IRS assessment may be lessened, reduced, or removed under certain circumstances, including a showing that the assessment is:  Excessive; Assessed after the expiration of the statute of limitations; Erroneous or illegal It is important […]

Disclaimer

We are a debt relief agency. We help people file for bankruptcy relief under the U.S. Bankruptcy Code. The information contained in this website is for informational purposes only and is not legal advice. Furthermore, the information contained in this website is not guaranteed to be up to date, accurate, or complete. An attorney-client relationship can only be established by signing a representation agreement.
*$900 Chapter 7 Bankruptcy Fee Disclaimer: While most cases qualify for the above fee, some cases are complex. Consequently, the above fee is only a sample fee (not a specific or guaranteed fee) and is subject to change at any time due to the necessity of charging more for complex cases. The sample chapter 7 fee represents the typical fee for a simple no-asset chapter 7 case. The $900 fee is only available to residents of the following counties: Sacramento, Placer, Yolo, Solano and San Joaquin. Residents of other counties may be charged more.