Tax Law Blog

Today, I am sharing the article below posted from the United States Department of Justice that may hit home for some business owners. Don't forget that the IRS means business when it comes to tax fraud. If the IRS cannot secure your tax returns, it...

No one knows exactly why record numbers of Americans are renouncing their citizenship. A recent article in Forbes floats a couple of theories, including the fact that the Internal Revenue Service now holds the power to revoke passports. Another...

For a short while, the cast of the reality TV show "Jersey Shore" were objects of fascination, with a couple of them achieving household name recognition. The MTV show aired for just three years -- from the end of 2009 to the end of 2012 -- but cast...

Most of our readers understand that certain kinds of mistakes raise red flags at the Internal Revenue Service; and when those crimson flags fly, audits are kicked off. Common red flags include the following: earning lots and lots of money, claiming...

Back in April 2015, we alerted that the DOJ was starting a new program as part of its relentless pursuit of not only taxpayers who have unreported offshore holdings, but also the banks harboring the assets and concealing the names of accountholders....

The odds of winning the lottery make it very unlikely that you will ever win millions of dollars with a $2 ticket investment. Very, very unlikely. Yet someone always wins, making ticket purchases more enticing than they have any right to be.

Doing your taxes is often annoying, confusing and financially painful. Even tax professionals are confused (and probably annoyed) by the process, according to a recent article in Accounting Today.

Here in Ohio, we have had more than our share of eccentric politicians who have on occasion run into legal troubles. The list is fairly extensive, with three state representatives being convicted on various charges last year and another pair...

From Business Wire:

Each year, no more than five percent of lawyers in Ohio are selected to receive the honor of being selected as Super Lawyers, and no more than two point five percent are selected to the Super Lawyers' Rising Stars list.

The United States Department of Justice reports that a Subway Franchisee and gas station owner plead guilty this past week to failing to report over $6 million in income between the years of 2008 and 2014.