Tax Law Blog

The Internal Revenue Service is known for its relentless pursuit of people it believes are cheating on their taxes. But a new report from the Treasurer Inspector General for Tax Administration (TIGTA) says the IRS should do a better job of hunting...

Here in our tax law blog serving readers in Chicago, Cleveland and across the U.S., we have repeatedly reported on the Internal Revenue Service’s attempts to crack down on tax evasion. One of the more publicized efforts has been the agency's pursuit...

Their names and acronyms might not roll off of the tongue, but there is no denying the importance of the American Institute of Certified Public Accountants (AICPA), Internal Revenue Service (IRS), the Financial Crimes Enforcement Network (FinCEN)...

For many Baby Boomers, the time has arrived to set aside careers and jobs and instead pursue the finer things in life in retirement. Of course, retired life might not always be as smooth as one might like.

In our previous post, we discussed a proposed change in the appeals settlement process used by the Internal Revenue Service. The change would shift settlement decision-making authority from a group of 35 appeals team case leaders to their 6 managers.

The Internal Revenue Service is on one side and a group of tax controversy attorneys are on the other side. At issue is a change under consideration by the IRS in resolutions of complex, high-value appeals disputes.

They own Bentleys, Rolexes, jets, islands and luxurious homes in exotic places. They are the ultra rich and they have a lot more stuff than the average person. They even have their own Internal Revenue Service audit squad.

As our days cool, darken and shorten, our thoughts will often turn to warmer places where the sun is bright and hot. Places where Americans tired of winters not only vacation, but sometimes take up residence.

Some certified public accountants help businesses structure transactions and some attorneys prepare income tax forms. The lines between the two professions can blur but a CPA-lawyer says it is important to understand distinctions that separate the...