Tax Law Blog

In the days before the members of the Ohio congressional delegation went on their annual holiday break (along with all other members of Congress), the House and Senate passed a bipartisan omnibus bill. The package that funds the federal government...

The most joyous celebration of the year passed not long ago. Now the other end of the spectrum is getting ready to present itself: tax season.

Cleveland small business owners know how difficult it is to keep the doors of a commercial enterprise open. Even people who devote every penny they have and every moment of their days know that many small businesses close within a year of opening.

It's a two hour drive southwest of Cleveland that takes you to the stomping ground of former Ohio representative Michael Fox. The Butler County icon was indicted back in 2009 on charges that he illegally received money from a fiber optics firm and...

The Internal Revenue Service recently issued its annual report on its criminal investigations. The agency notes that it launched 3,853 criminal investigations in fiscal year 2015 and recommends prosecution in 3,289 cases. The IRS says it obtained...

One of the potential danger zones for business owners can be found in the collection and payment of payroll taxes. Far too often, owners of small businesses find that they fall behind on their bills and are tempted to use employment taxes to...

They are eight million strong: American citizens who live in other countries. Many work overseas, have retired there, have family there, or have other reasons for living outside the US. Of course these people have bank accounts where they live.

He was writing textbooks and teaching statistics at an obscure college when a 300-year-old math mystery was solved. That's when Amir Aczel took it upon himself to explain to the world the story of "Fermat’s Last Theorem: Unlocking the Secret of an...

Running a Cleveland business is tough. Running a Cleveland business while rooting for the ever-frustrating Cleveland sports teams is even tougher.

Some of our Cleveland readers might recall that three years ago the IRS trumpeted an expansion of its Fresh Start initiative. The agency said that by making its Offer In Compromise program more flexible, “some of the most financially distressed...