Tax Law Blog

It is not just taxpayers that are penalized for using abusive tax shelters, Wells Fargo recently lost a precedent-setting appeal to the Eighth Circuit. Essentially, Wells Fargo sought to avoid penalties levied on the company by a lower court finding.

Some people file false income tax returns, and others embellish or otherwise engage in tax fraud on their annual returns. Then there are the taxpayers that just do not file at all—the Internal Revenue Service (IRS) calls them “nonfilers.”

Taylor Lohmeyer is going to have to give up the goods. Or, at least that is the latest from a federal appeals court in a matter involving the Internal Revenue Service (IRS).

While talking big and selling fake facts may not raise eyebrows today, Michael Cooper, founder of The Tax People, made big news for a short time selling tax fraud in the late 1990’s. Convicted of criminal tax fraud, Mr. Cooper went to federal prison...

When tax debt is more than you are able to pay, the Internal Revenue Service (IRS) may consider an offer in compromise.

Anytime is a good time for a tax scam, but fraudsters often take special advantage of periods of high economic or community instability.

As the economy continue its ups and downs, awareness of regulatory moves that relate to your individual tax situation can reduce anxiety and protect your wealth.

The Criminal Investigation unit of the IRS (IRS-CI) collaborates with international partners to identify, investigate, and prosecute a variety of crimes around the world.

A Miami business man will spend two years in prison and still owe a tax bill of almost $10 million.  There has to be a better way.

If you have a foreign bank account, hopefully you have heard about FATCA. FATCA enables the long arm of the US Treasury to require foreign entities to report offshore tax monies and assets held by US taxpayers to that agency.