Tax Law Blog

The Internal Revenue Service claims that about 1 out of every 6 taxpayers fails in one way or another to comply with the tax code. If the federal agency’s estimate is accurate, you might reasonably expect the numbers of tax-related arrests to be...

Many Chicago business owners have faced difficult cash flow problems; problems that come with temptations. The possibility of using withheld payroll tax monies that were deducted from employee paychecks to keep the business's doors open can be...

Outlaw country music had its roots in rockabilly, blues, honky tonk and the twang and swagger of traditional country music. Willie Nelson, Johnny Cash, Waylon Jennings and Kris Kristofferson were the greatest stars of the outlaw movement, but one of...

Not reporting online sales has landed a Brooklyn, New York, business owner in a heap of trouble.  Acting Assistant Attorney General Caroline D. Ciraolo of the Justice Department’s Tax Division has announced that more than $650,000 in income from...

The on-demand economy is growing, as people seek faster ways to get the services they want at affordable prices. But workers in the booming industry sometimes struggle with making sense of their tax status, and perhaps more important, getting taxes...

There is a lot of really useful information on the internet about every kind of tax crime imaginable. There is also a lot of information about tax crimes, and criminal allegations, that can be disregarded, as well as misinformation that can be...

A lack of seriousness; self-indulgently carefree; given to undue levity: these are, according to the dictionary, essential components of frivolity. If there is one group of people who are not given to carefree levity, it’s the people who work for...

It happens every day: smart, motivated people escape the corporate grind by starting their own businesses. Unfortunately for many of them, their ventures don't turn profits quickly enough. Under pressure to keep their enterprises alive, some will...

Last year, more than a million taxpayers filed a Report of Foreign Bank and Financial Accounts (FBAR). It should be noted that this year's deadline for filing a FBAR comes up on June 30.

A husband and wife duo in West Virginia have been indicted by a federal grand jury with charges of federal employment tax violations.  If convicted, they face a statutory maximum sentence of five years in prison and a maximum fine of $250,000 for...