# Petrova Law

> Petrova Law is a boutique law firm focused exclusively on tax and business law


## Pages

- [Attorney Advertising](https://petrovalaw.com/attorney-advertising/)
- [Legal Disclaimer](https://petrovalaw.com/legal-disclaimer/)
- [Cookie Policy](https://petrovalaw.com/cookie-policy/)
- [Privacy Policy](https://petrovalaw.com/privacy-policy/)
- [Website Terms and Conditions](https://petrovalaw.com/website-terms-and-conditions/)
- [Copyright Notice](https://petrovalaw.com/copyright-notice/)
- [Tax Court Representation](https://petrovalaw.com/tax-law/tax-court/)
- [IRS Appeals](https://petrovalaw.com/tax-law/irs-appeals/)
- [FBAR and Offshore Reporting](https://petrovalaw.com/tax-law/fbar-and-offshore-reporting/)
- [Tax Controversy](https://petrovalaw.com/tax-law/tax-controversy/)
- [Asset Protection](https://petrovalaw.com/business-law/asset-protection/)
- [Allie Petrova](https://petrovalaw.com/who-we-are/galina-allie-petrova/)
- [Client Successes](https://petrovalaw.com/client-successes/)
- [Testimonials](https://petrovalaw.com/testimonials/)
- [Art, Wine, and Collectible Assets](https://petrovalaw.com/business-law/collectibles-tax/)
- [Publications](https://petrovalaw.com/resources/publications/)
- [Business Insights Blog](https://petrovalaw.com/resources/business-insights-blog/)
- [Tax Insights Blog](https://petrovalaw.com/resources/tax-insights-blog/)
- [In the Media](https://petrovalaw.com/media/)
- [FAQ](https://petrovalaw.com/faq/)
- [Press Room](https://petrovalaw.com/press-room/)
- [Medical Practice Representation](https://petrovalaw.com/what-we-do/health-law/medical-practices/)
- [Veterinary Practice Sale Attorney](https://petrovalaw.com/what-we-do/health-law/veterinary-practice-sale/)
- [Dental Practice Representation](https://petrovalaw.com/what-we-do/health-law/dental-practice-representation/)
- [Healthcare Law](https://petrovalaw.com/what-we-do/health-law/)
- [International Business](https://petrovalaw.com/business-law/international-business/)
- [Business Startup and Formation](https://petrovalaw.com/business-law/business-startup-and-formation/)
- [Business Counsel](https://petrovalaw.com/business-law/business-counsel/)
- [IRS Centralized Partnership Audit Regime](https://petrovalaw.com/tax-law/irs-centralized-partnership-audit-regime/)
- [Sales and Use Tax Audits](https://petrovalaw.com/tax-law/irs-audit-defense-petrova-law/sales-and-use-tax-audits/)
- [Tax Planning Attorney](https://petrovalaw.com/tax-law/tax-planning/)
- [Employee Misclassification Attorney](https://petrovalaw.com/tax-law/employee-misclassification/)
- [Art, Wine, and Collectible Assets](https://petrovalaw.com/tax-law/collectibles-taxation/)
- [Business Law](https://petrovalaw.com/business-law/)
- [Mergers & Acquisitions Lawyer](https://petrovalaw.com/business-law/mergers-and-acquisitions/)
- [High Stakes Business Contracts](https://petrovalaw.com/business-law/business-contracts/)
- [LLC Lawyer](https://petrovalaw.com/business-law/llc-business/)
- [Tax Debt Resolution](https://petrovalaw.com/tax-law/tax-debt/)
- [IRS Partnership Tax Audits](https://petrovalaw.com/tax-law/irs-audit-defense-petrova-law/irs-partnership-audits/)
- [Tax Law](https://petrovalaw.com/tax-law/)
- [IRS Audit Defense — Petrova Law](https://petrovalaw.com/tax-law/irs-audit-defense-petrova-law/)
- [Fees](https://petrovalaw.com/who-we-are/fee-and-cost-transparency/)
- [Meliora](https://petrovalaw.com/who-we-are/meloria/)
- [Philosophy](https://petrovalaw.com/who-we-are/philosophy/)
- [About Petrova Law](https://petrovalaw.com/who-we-are/petrova-law/)
- [Brad Howell](https://petrovalaw.com/who-we-are/attorney-howell/)
- [About Us](https://petrovalaw.com/who-we-are/)
- [SMS Privacy Policy](https://petrovalaw.com/sms-privacy-policy/)
- [Contact Us and Consultation](https://petrovalaw.com/contact/)
- [News](https://petrovalaw.com/news/)
- [Resources](https://petrovalaw.com/resources/)
- [What We Do](https://petrovalaw.com/what-we-do/)
- [Home](https://petrovalaw.com/)


## Posts

- [Chambers USA 2026 Recognizes Allie Petrova as Top Tax Attorney and Petrova Law as Leading Firm](https://petrovalaw.com/chambers-usa-2026-recognizes-allie-petrova-top-tax-attorney-and-petrova-law/)
- [Chambers USA 2025 Recognizes Allie Petrova and Petrova Law](https://petrovalaw.com/chambers-usa-2025-recognizes-allie-petrova-top-tax-attorney-and-petrova-law/)
- [Chambers USA 2024 Recognizes Allie Petrova and Petrova Law](https://petrovalaw.com/allie-petrova-2024-chambers-usa-top-ranked/)
- [Allie Petrova Recognized by 2024 North Carolina Super Lawyers](https://petrovalaw.com/allie-petrova-top-rated-by-2024-north-carolina-super-lawyers/)
- [Allie Petrova Elected Council Director of the ABA Section of Taxation](https://petrovalaw.com/allie-petrova-elected-council-director-aba-tax-section/)
- [What is New in 2024? New FinCEN Reporting Requirements for Beneficial Ownership Information | FAQ Update](https://petrovalaw.com/2024-new-fincen-reporting-requirements-for-beneficial-ownership-information-faq-update/)
- [Allie Petrova Recognized in Business North Carolina’s 2024 Legal Elite](https://petrovalaw.com/allie-petrova-legal-elite-business-north-carolina-2024/)
- [IRS Goes After High-Net-Worth Individuals with Special Enforcement Team](https://petrovalaw.com/irs-audits-high-net-worth-individuals/)
- [Information Reporting on Foreign Corporations (Forms 5471, 5472, 8865)](https://petrovalaw.com/late-forms-5471-5472-8865-irs-information-reporting/)
- [Worker Classification: Employee or Independent Contractor?](https://petrovalaw.com/worker-classification-employee-or-independent-contractor/)
- [Worker Classification: Employee or Independent Contractor?](https://petrovalaw.com/worker-classification-employee-or-independent-contractor-2/)
- [Why Do I Need an Operating Agreement for My LLC?](https://petrovalaw.com/why-operating-agreement-for-llc/)
- [Veterinary Practice Purchase: Why Do I Need a Letter of Intent?](https://petrovalaw.com/what-is-letter-of-intent-why-need-letter-of-intent-veterinarians/)
- [Dental Practice Purchase: Why Do I Need a Letter of Intent?](https://petrovalaw.com/what-is-letter-of-intent-why-need-letter-of-intent-dentists/)
- [Business Buyers: Why Do I Need a Letter of Intent?](https://petrovalaw.com/business-buyers-what-is-a-letter-of-intent-and-why-do-i-need-letter-of-intent/)
- [Force Majeure Provisions in the COVID-19 Era](https://petrovalaw.com/force-majeure-covid-19/)
- [CARES Act and Financial Assistance Resources for North Carolina Businesses – COVID-19 (Coronavirus)](https://petrovalaw.com/coronavirus-covid-19-loan-resources/)
- [15 Best Practices for Employers and Businesses – COVID-19 (Coronavirus)](https://petrovalaw.com/best-practices-employers-businesses-covid19-coronavirus-north-carolina/)
- [New Partnership Audit Rules and Why You May Wish to Update Your LLC's Operating Agreement](https://petrovalaw.com/new-1065-partnership-audit-rules/)
- [Allie Petrova Recognized by 2019 North Carolina Super Lawyers](https://petrovalaw.com/allie-petrova-2019-super-lawyers/)
- [Allie Petrova Recognized in Business North Carolina Magazine’s 2019 Legal Elite](https://petrovalaw.com/allie-petrova-2019-legal-elite/)
- [Allie Petrova Ranked in Business North Carolina Magazine’s 2018 Legal Elite](https://petrovalaw.com/2018-legal-elite/)
- [Attorney Petrova Serving on NCBA’s Tax Section Council](https://petrovalaw.com/attorney-petrova-serving-on-ncbas-tax-section-council/)
- [Attorney Petrova Elected Vice Chair of ABA’s Section of Taxation Committee](https://petrovalaw.com/petrova-vice-chair-aba-tax-section-committee/)
- [Allie Petrova Discusses Startup Law with Creative Entrepreneurs at Greensboro LaunchCamp](https://petrovalaw.com/allie-petrova-discusses-startup-law-with-creative-entrepreneurs-at-greensboro-launchcamp/)
- [What is a Successful Offer in Compromise (OIC)?](https://petrovalaw.com/successful-irs-offer-in-compromise/)
- [Presidential Election Tax Calculator](https://petrovalaw.com/presidential-election-tax-calculator/)
- [Taxation of Single-Member LLC and Self-Employment Tax](https://petrovalaw.com/tax-single-member-llc/)
- [Where Is My Passport? ](https://petrovalaw.com/where-is-my-passport/)
- [Petrova Law Provides Pro Bono Service to Everyday Heroes of North Carolina](https://petrovalaw.com/pro-bono-services-wills-for-heroes-north-carolina/)
- [Petrova Law Supports the Greensboro Housing Coalition](https://petrovalaw.com/petrova-law-ghs/)
- [Attorney Petrova Attends the North Carolina Bar Association’s Tax Section’s 15th Annual Meeting in Kiawah Island, SC](https://petrovalaw.com/attorney-petrova-attends-the-north-carolina-bar-associations-tax-sections-15th-annual-meeting-in-kiawah-island-sc-2/)
- [Attorney Petrova Attends the ABA’s Tax Section’s 2016 May Meeting in Washington, D.C.](https://petrovalaw.com/attorney-petrova-attends-the-abas-tax-sections-2016-may-meeting-in-washington-d-c/)


## FAQs

- [I live outside of the Piedmont Triad / Greensboro, NC and Charlotte, NC areas and would like to work with you. What are my options?](https://petrovalaw.com/faq-items/i-live-outside-of-the-piedmont-triad-greensboro-nc-and-charlotte-nc-areas-and-would-like-to-work-with-you-what-are-my-options/)
- [How do we get started?](https://petrovalaw.com/faq-items/how-do-we-get-started/)
- [What distinguishes Petrova Law?](https://petrovalaw.com/faq-items/what-distinguishes-petrova-law/)
- [What kind of Business Law and Tax Law services do you provide?](https://petrovalaw.com/faq-items/what-kind-of-business-law-and-tax-law-services-do-you-provide/)
- [How do I benefit from engaging Petrova Law for our company’s business law needs?](https://petrovalaw.com/faq-items/how-do-i-benefit-from-engaging-petrova-law-for-our-companys-business-law-needs/)
- [How do I benefit from engaging Petrova Law for our company’s tax law needs?](https://petrovalaw.com/faq-items/how-do-i-benefit-from-engaging-petrova-law-for-our-companys-tax-law-needs/)
- [What kind of special expertise do you have that may benefit our company?](https://petrovalaw.com/faq-items/what-kind-of-special-expertise-do-you-have-that-may-benefit-our-company/)
- [What are the fees for the services your offer?](https://petrovalaw.com/faq-items/what-are-the-fees-for-the-services-your-offer/)
- [What about your fee structure?](https://petrovalaw.com/faq-items/what-about-your-fee-structure/)
- [How do you handle billing?](https://petrovalaw.com/faq-items/how-do-you-handle-billing/)
- [Do you accept credit cards?](https://petrovalaw.com/faq-items/do-you-accept-credit-cards/)
- [What strategies do IRS appeals lawyers use to negotiate favorable settlements in tax disputes?](https://petrovalaw.com/faq-items/what-strategies-do-irs-appeals-lawyers-use-to-negotiate-favorable-settlements-in-tax-disputes/)
- [What are the consequences if I lose in Tax Court?](https://petrovalaw.com/faq-items/what-are-the-consequences-if-i-lose-in-tax-court/)
- [How can new tax credits and incentives be addressed in a Tax Court case?](https://petrovalaw.com/faq-items/how-can-new-tax-credits-and-incentives-be-addressed-in-a-tax-court-case/)
- [What recent IRS enforcement trends should businesses be aware of?](https://petrovalaw.com/faq-items/what-recent-irs-enforcement-trends-should-businesses-be-aware-of/)
- [What should I expect in the Tax Court process, and how can an attorney help?](https://petrovalaw.com/faq-items/what-should-i-expect-in-the-tax-court-process-and-how-can-an-attorney-help/)
- [Can I settle with the IRS before or during Tax Court litigation?](https://petrovalaw.com/faq-items/can-i-settle-with-the-irs-before-or-during-tax-court-litigation/)
- [What is the 90-day deadline for filing a petition in Tax Court, and what happens if I miss it?](https://petrovalaw.com/faq-items/what-is-the-90-day-deadline-for-filing-a-petition-in-tax-court-and-what-happens-if-i-miss-it/)
- [Do I need an attorney for an IRS audit appeal?](https://petrovalaw.com/faq-items/do-i-need-an-attorney-for-an-irs-audit-appeal/)
- [How long does the IRS audit appeal process take?](https://petrovalaw.com/faq-items/how-long-does-the-irs-audit-appeal-process-take/)
- [What happens if you file the FBAR late?](https://petrovalaw.com/faq-items/what-happens-if-you-file-the-fbar-late/)
- [What are the recent changes in IRS enforcement policies and how do they affect my business?](https://petrovalaw.com/faq-items/what-are-the-recent-changes-in-irs-enforcement-policies-and-how-do-they-affect-my-business/)
- [How can I protect my business from increased IRS penalties for misclassification of employees?](https://petrovalaw.com/faq-items/how-can-i-protect-my-business-from-increased-irs-penalties-for-misclassification-of-employees/)
- [What strategies are effective for resolving tax controversies related to foreign bank account reporting (FBAR)?](https://petrovalaw.com/faq-items/what-strategies-are-effective-for-resolving-tax-controversies-related-to-foreign-bank-account-reporting-fbar/)
- [How long does the tax controversy process take?](https://petrovalaw.com/faq-items/how-long-does-the-tax-controversy-process-take/)
- [Do I need a tax controversy attorney?](https://petrovalaw.com/faq-items/do-i-need-a-tax-controversy-attorney/)
- [Who is required to file FBAR?](https://petrovalaw.com/faq-items/who-is-required-to-file-fbar/)
- [What happens if FBAR is filed late?](https://petrovalaw.com/faq-items/what-happens-if-fbar-is-filed-late/)
- [What accounts can be reported to the FBAR?](https://petrovalaw.com/faq-items/what-accounts-can-be-reported-to-the-fbar/)
- [What is the FBAR filing deadline?](https://petrovalaw.com/faq-items/what-is-the-fbar-filing-deadline/)
- [What happens if you never filed the FBAR?](https://petrovalaw.com/faq-items/what-happens-if-you-never-filed-the-fbar/)
- [What can be done about late filing FBAR penalties?](https://petrovalaw.com/faq-items/what-can-be-done-about-late-filing-fbar-penalties/)
- [What can an FBAR lawyer do for you?](https://petrovalaw.com/faq-items/what-can-an-fbar-lawyer-do-for-you/)
- [How can I avoid FBAR penalties?](https://petrovalaw.com/faq-items/how-can-i-avoid-fbar-penalties/)
- [What should I do if I receive an FBAR penalty notice?](https://petrovalaw.com/faq-items/what-should-i-do-if-i-receive-an-fbar-penalty-notice/)
- [Can FBAR penalties affect my business operations?](https://petrovalaw.com/faq-items/can-fbar-penalties-affect-my-business-operations/)
- [What are the common reasons for tax disputes that require an IRS appeals lawyer?](https://petrovalaw.com/faq-items/what-are-the-common-reasons-for-tax-disputes-that-require-an-irs-appeals-lawyer/)
- [How can the IRS Appeals Process impact my business operations?](https://petrovalaw.com/faq-items/how-can-the-irs-appeals-process-impact-my-business-operations/)
- [How can we work together?](https://petrovalaw.com/faq-items/how-can-we-work-together/)