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Guide to IRS Penalties

Contents1 Guide to IRS Penalties2 Failure to File and Failure to Pay Penalty2.1 Legal Authority2.2 Postmarked Date Rule2.3 Extensions2.4 Penalty Amount3 Estimated Tax Penalties3.1 Penalty …

IRS “Dirty Dozen” Tax Scams for 2016

IRS “Dirty Dozen” Tax Scams I was inspired to create this post by a few clients that contacted us recently. Read on to learn how …

Rental Property Losses

Contents1 Rental Property Losses2 General Rule: Rentals are Passive Activities2.1 $25,000 Special Allowance Loss2.2 Qualified Disposition2.3 Real Estate Professional Rental Property Losses It is not …

Incorporating your Small Business

Contents1 Incorporating your Small Business2 Why Should you Incorporate?3 How do you Incorporate?4 LP, LLP, LLLP, LLC, Inc…what do I choose?4.1 Sole Proprietorship4.2 General Partnership4.3 …

Can You Settle Your IRS Debts?

Contents1 Can IRS Debts be Settled?2 Offer in Compromise2.1 Pre-Qualifiers for Filing an OIC2.2 Requirements for Filing an OIC2.3 How much should you offer?2.4 Special circumstances2.5 …

IRS Statute of Limitations

What is a Statute of Limitation?

When does the Statute of Limitations expire?

We found Mr. Patel’s services to be professional, speedy, and his rates are very reasonable…We were impressed with his knowledge of the inner workings of the IRS and complicated tax law and found him to be very trustworthy and ethical in a field where many other firms are just out to get your money. I would highly recommend his services and will definitely use his services again.

– L Mascari, Client

Kunal has been really helpful in getting me compliant per the streamline procedures. Kunal was aware of all the nuances related to FATCA and FBAR procedures and gave appropriate recommendation and advice. I would definitely recommend Kunal.

– Sid, Client

When I first called Kunal I was very worried because I had many years of FBARs and unreported foreign income. Kunal did a good job reassuring me throughout the process and the streamlined application went without any problems.

– J.P., Client

I hired Kunal for my offshore case. It was fairly complicated and my accountant did not know how to report them. I called a few attorneys and some of them tried to scare me about my situation. I felt comfortable with Kunal. I wanted someone to take their time with my case and do it properly instead of rushing. It was a straightforward process and done very professionally.

– V.R., Client

Mr. Patel was very professional and approachable. He listens to clients and does not handle cases just mechanically.
He successfully closed a streamlined offshore procedure.

– Anonymous, Client

I was worried of the potential penalties resulting from failure to report my foreign investments. I approached Kunal to help becoming compliant and he took time to explain about the streamlined domestic procedure. We submitted the application and received the IRS acknowledgement in a few months. Thank you Kunal for your help.

– AB, Client

Mr. Kunal Patel is a very competent tax attorney handling FATCA and overseas taxation. He worked patiently, efficiently and in professional manner in resolving overseas taxes. He is easy to work with. He delivered what he had stated during our consultation. His service charges are quite reasonable. I would recommend him.

– Anonymous, Client

I hired Kunal to assist me with a SDOP application after talking to a few other tax attorneys. He is very professional and methodical in his approach. Also very reasonable with his rates. You will definitely find an ethical lawyer in Kunal and I wish him the best for the future.

– Anonymous, Client

Kunal helped us with a successful streamlined filing disclosure of foreign assets. He came across as very knowledgeable and answered all our questions…He was efficient and quick in completing the process after we had put together all our documentation. Overall, we had a very good experience working with him. I would strongly recommend him.

– Anonymous, Client

Kunal Patel was extremely helpful in solving my tax problems. He is very experienced and professional. Kunal was willing to fight for me to get my issues resolved. I was very happy with the results and highly recommend the Law Office of Kunal Patel!

– F Mann, Client

Our experience with Kunal Patel has been awesome. He was extremely transparent, always available for advice, very reliable and basically on top of the job. He pointed us in the right direction & cleared our matter very professionally. We would most certainly recommend him,to whoever might need a Tax Attorney.

– S.S., Client