Tax Law Blog

Offshore tax havens, foreign bank accounts, and shell companies are legitimate tools often used for wealth management, asset protection, and tax planning. For many, these strategies provide essential support in navigating complex global financial...

Investigation into the Employee Retention Credit (ERC) remains a focus of the Internal Revenue Service (IRS). The agency recently reopened the disclosure program for businesses seeking to address improperly filed ERC applications and avoid a future...

The application period for the Compliance Assurance Process (CAP) program is now open—how can it assist your company?

The Internal Revenue Service (IRS) recently concluded its collaborative Summit offering recommendations and awareness of current criminal trends to tax professionals.

Each year, the Taxpayer Advocate Service (TAS) presents legislative recommendations to Congress as part of its Annual Report. TAS recently delivered its recommendations for 2024 to the legislature.

The Internal Revenue Service (IRS) recently released the latest collection of everything-IRS for the fiscal year ending September 20, 2023. Not surprisingly, it is called the IRS Data Book.

A budget-boosted compliance effort by the Internal Revenue Service (IRS) is paying off. The agency announced in July that it has collected more than $1 billion in overdue taxes from high-wealth taxpayers.

The Internal Revenue Service (IRS) is synonymous with tax collection and tax enforcement. The enforcement unit within the IRS that investigates and pursues tax crime is called Criminal Investigation (IRS:CI).

The Internal Revenue Service (IRS) investigation into tax crime around the pandemic-era Employee Retention Credit program is in high gear and looking into fraudulent claims. Processing of legitimate ERC remains ongoing at a slow pace.

As a taxpayer, receiving a letter from the Internal Revenue Service (IRS) announcing an audit is an unpleasant surprise. As you worry about the audit, it can be worthwhile to understand a resource that examiners use to look at your business—an Audit...