In episode 58 of How Tax Works, Matt Foreman discusses  Zhang v. IRS, No. 

-cv-08210 (N.D. Cal. 2026), which held that the IRS does not need to file a civil lawsuit to impose penalties for a late-filed Form 3520.  Zhang is a related case to Farhy, and applies the same principles to penalties for lateor non-filed Forms 3520-A, 5471, and 5472 How Tax Works, hosted by Falcon Rappaport &amp; Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxatio...

Join host Matthew Foreman, Co-Chair of Falcon Rappaport &amp; Berkman’s Taxation Practice Group, on "How Tax Works," a podcast attempting to unravel the complexities of the tax law, caselaw, and guidance. In each episode, Matt simplifies this intricate labyrinth of tax law, breaking down complex concepts into easily digestible explanations. From understanding how tax considerations impact decision-making processes to dissecting the structural nuances of businesses, Matt sheds light on the oft-misunderstood world of taxation.Through real-life examples, and practical advice, "How Tax Works" seeks to equip listeners with the knowledge they need to navigate the intricacies of taxation confidently. Whether you're an accountant, lawyer, business owner, or simply someone who wants to understand how tax shapes business and financial decisions, How Tax Works is your go-to resource for demystifying the complex that is taxation in America.This podcast may be considered attorney advertising. This podcast is not presented for purposes of legal advice or for providing a legal opinion. Before any of the presenting attorneys can provide legal advice to any person or entity, and before an attorney-client relationship is formed, that attorney must have a signed fee agreement with a client setting forth the firm’s scope of representation and the fees that will be charged.This Podcast is Hosted by:Falcon Rappaport &amp; Berkman LLP1185 Avenue of the Americas, Suite 1415New York, NY 10036(212) 203-3255info@frblaw.com