Tax Law Blog

In January, the National Taxpayer Advocate delivered her annual report to Congress. The document is a “report card” on the service provided by the Internal Revenue Service (IRS) to its constituents—U.S. taxpayers. The report identifies problem areas...

Regardless of your investment profile, if you owe taxes and penalties to the Internal Revenue Service (IRS), the IRS can pursue a wage levy.

Concealment of assets, shell companies, and $32 billion in assets. All the trappings of significant tax fraud, but the responsible party in this scheme is a church.

Each year, the Internal Revenue Service (IRS) reminds U.S. taxpayers who have funds in foreign bank accounts to file a report to identify and place a value on those accounts. The report is called a Report of Foreign Bank and Financial Accounts...

The U.S. Supreme Court handed the Internal Revenue Service (IRS) a loss in a case related to penalties for nonwillful failure to file an FBAR.

In a move that could help half a million taxpayers, the Internal Revenue Service (IRS) recently announced new options for electronically filing certain tax documents.

The annual report from the Criminal Investigation Unit of the Internal Revenue Service for the fiscal year 2022 was released recently. In a branding departure, the cover of the report offers a cross-section of smiling, engaged IRS: CI agents, as...

Tax season is underway. Top earners can manage wealth and save money with some strategic planning around taxes.

Each year, the Internal Revenue Service Criminal Investigation (IRS: CI) unit recounts the agency’s top ten criminal tax matters on its Twitter account. According to the IRS, the list represents the “most prominent and high-profile investigations of...

The Supreme Court of the United States recently denied a petition to review the plight of a taxpayer who was assessed an egregious fine for failing to file a report of Foreign Bank and Financial Accounts (FBAR).