Tax Law Blog

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...

The DOJ's Justice News provides us with an ironic case as a former Internal Revenue Service (IRS) revenue officer pleaded guilty to one count of tax evasion and one count of corruptly endeavoring to impede the due administration of the internal...

Sometimes the Internal Revenue Service makes mistakes and accuses innocent people of wrongdoing. Sometimes people make mistakes and must pay large fines or even serve time behind bars.

In a recent post to our tax law blog, we wrote about an order passed down from the Congress and president to the Internal Revenue Service. The tax-collecting agency is to once again try to make use of private debt collectors to go after unpaid...

The numbers can be a bit jarring. According to an article in Accounting Today, there are nearly 19 million Americans who are in arrears on their federal income taxes. Their tax bill totals more than $400 billion. Four million people are making...

He has collaborated with some of the biggest names in pop music, including Christina Aguilera, Justin Timberlake, Pharrell and Tim McGraw. But none of Cornell Iral Hayne, Jr.'s collaborations might have been more valuable to him than the recent one...

The grip the Internal Revenue Service has on foreign banks continues to strengthen. More evidence of that was supplied by Switzerland's announcement that it is going to disclose account information from HSBC Holdings Plc to the IRS.

The pressure put on taxpayers with foreign holding by the Internal Revenue Service appears to be paying off. The federal agency recently reported that foreign back account report filings rose more than 8 percent last year, passing the 1 million mark.