Tax Law Blog

Banking offshore can save you money or lead you down a path to a potential tax crime. How does that happen?

The Internal Revenue Service (IRS) is holding tax refunds from 2020 for more than 900,000 taxpayers across the country. Are you one of them?

The Internal Revenue Service (IRS) puts enforcement of employment tax responsibilities at the top of its list. Discrepancies in reporting and payment of employment taxes can trigger a civil or even criminal tax audit.

As we count down the top ten IRS:CI scams of 2023, crypto fans will be interested in #8, a defendant who manipulated blockchain tech to earn millions—and a prison term.

Have you been selected for an IRS civil tax audit or wonder if you will be? Understanding the basics of a civil tax audit helps you respond effectively to the IRS if the time comes.

The Internal Revenue Service (IRS) might communicate with you by telephone, correspondence, or meet you in person as part of a civil or criminal tax audit. How do you know you are not being scammed?

Tax audits happen. If you receive a notice of tax audit, information about the process can reduce anxiety and help you prepare to respond to the Internal Revenue Service (IRS).

The IRS: CI top ten list spotlights high-end tax crime and illustrates how IRS investigators spend their time. Coming in at number nine on the annual list is a man who combined filing false income tax returns with drug trafficking.

In a recent statement to the House Committee on Financial Services, the Director of FinCen explained its mission and purpose in enacting the Corporate Transparency Act (CTA) which became effective at the first of this year.

An increased IRS budget and a court ruling against the agency are of interest to those who file a report of Foreign Bank and Financial Accounts (FBAR).