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Streamlined OVDP OVDI Fbar Houston

Streamlined OVDP OVDI FBAR PROCEDURE By: Ansari Law Firm (281) 606-0055 2014 STREAMLINED OVDP (OVDI) VOLUNTARY DISCLOSURE OPTION Under the 2012 OVDP programs, and prior OVDI programs, there was a streamlined procedure that allowed for a complete waiver of all offshore penalties, but was only available to non-residents who meet…
Mansoor Ansari
April 7, 2016
News and Articles

OVDP Tax Attorney Houston

OVDP Attorney Houston FINCEN114 due June 30th for the 2015 taxation year, reporting beneficial interest or signature authority in non-U.S. financial accounts where the annual aggregate highest balance is greater than $10K U.S. Those who meet the substantial presence test for residency in the U.S., do not escape the FBAR…
Mansoor Ansari
March 15, 2016
News and ArticlesTax News

Small Business Health Care Tax Credit

Understanding the Small Business Health Care Tax Credit By:  Mansoor Ansari The Affordable Care Act includes the small business health care tax credit, which can benefit small employers who provide health coverage for their employees. The small business health care tax credit benefits employers who: have fewer than 25 full-time…
Mansoor Ansari
February 27, 2016
News and Articles

Austin Texas Sales Tax audit attorney

Austin Texas Sales Tax audit The COMPTROLLER will look for instances where your business has collected sales tax from customers but failed to remit all or part of these monies to the state. Collecting but not remitted Texas taxes (think Sales Tax or Unemployment Tax) is one of the worst…
Mansoor Ansari
March 11, 2015
News and Articles

San Antonio Texas sales tax audit attorney

San Antonio Texas sales tax audit attorney If you are undergoing a sales tax audit in San Antonio, call our firm to discuss your business and objectives. More often than not, sales tax auditors are there to find the the weaknesses in your book keeping to levy the highest amount…
Mansoor Ansari
March 11, 2015
News and Articles

Sales Tax Audit Dallas Attorney

Dallas Sales Tax Audit If you are undergoing a sales tax audit in Dallas, call our firm to discuss your business and objectives. More often than not, sales tax auditors are there to find the the weaknesses in your book keeping to levy the highest amount of tax against your…
Mansoor Ansari
March 11, 2015
News and Articles

Texas Local Sales and Use Tax Lawyer

Texas Local Sales and Use Tax Lawyer The Texas state sales and use tax rate is 6.25%, but local taxing jurisdictions (cities, counties, special purpose districts, and transit authorities) may also impose sales and use tax up to 2% for a total maximum combined rate of 8.25% Unlike a car,…
Mansoor Ansari
February 11, 2015
News and Articles

Texas County Sales and Use Tax Attorney

County Sales and Use Tax There are 123 counties that impose a county sales and use tax for property tax relief. The county tax is collected in addition to state tax and any other local taxes (city, transit, and special purpose district) when applicable. The counties listed below have a…
Mansoor Ansari
February 11, 2015
News and Articles

Interest rates on Texas Sales tax Attorney

If you have overdue sales tax, the interest rate and penalties can be quite staggering. Delinquent taxes accrue interest beginning on the 61st day after the due date until paid. For 2015, the interest rate on taxes owed is 4.25 percent. Refund claims filed with the Comptroller’s office accrue credit…
Mansoor Ansari
February 11, 2015