Form 3520 Penalty Relief

We have recently posted about the IRS’s broad relief for late filing penalties for 2019 and 2020 tax returns. During the height of the pandemic, taxpayers experienced many obstacles to the timely filing of their 2019 and 2020 tax returns.

Two-day educational event focused on Trusts and Estate taxation

Parag Patel Esq. was a featured speaker at the National Association of Enrolled Agents (NAEA) LEARN event in Pittsburgh, PA from September 25–27, 2022. The two-day educational event focused on Trusts and Estate taxation. Mr. Patel discussed the tax laws

Recent Court Decision Shows Risks of IRS Streamlined Filing Compliance Procedures

A recent court decision from the United States Court of Federal Claims shows the impact of a poorly advised Streamlined Filing Compliance Procedures (Streamlined Program or SFCP) submission.  See Flint v. U.S., No. 21-1202T (Fed. Cl. Aug. 23, 2022).  In