Tax Law Blog

Each tax season, millions of Americans rely upon tax professionals to prepare and file tax-related documents. While many tax preparers are employed by reputable and well-known companies, many others are independent and self-employed and, therefore,...

We've previously discussed how complex and confusing tax laws and regulations can be. As a result, many people who attempt to complete and file their own tax documents make mistakes. Tax errors related to earned income totals are common and when the...

When it comes to some celebrities, the phrase more money, more problems seems to definitely apply. The IRS doesn't care who you are or how famous you are. If the federal government believes you owe it money, it will take action to recoup the amount...

We've previously discussed some of the red flag actions, or inactions, that are likely to get the IRS's attention. For small business owners, tax obligations are not only financially burdensome, but also confusing leading some to make costly tax...

We talk a lot in this blog about the complexities of U.S. tax codes and how confusion surrounding their meaning and interpretation can spell trouble for a taxpayer. There are also, however, other cases where individuals intentionally set out to...

The full and widespread effects of the U.S. federal government's attempts to crack down on foreign asset and account holders are being felt around the world. The Foreign Account Tax Compliance Act calls upon foreign governments and financial...

Small business owners are often credited with serving a vital role in the U.S. economy and providing for both its stability and growth. While small business owners took a tremendous financial hit during the recent recession, many fought back and...

State and federal agencies take allegations of tax crimes, including tax evasion, very seriously. In many cases, there seems to be no limit to the efforts spent on identifying fraud and then holding the accused responsible. Agencies including the...