Tax Law Blog

You're standing in a room with 115 other people. A blindfolded IRS agent walks in, spins around in the center of the room and then dramatically points a finger at one person. You. You have been chosen for an audit by the agent.

That's not how the...

We have in the past in this space discussed Sen. Rand Paul's lawsuit aimed at derailing the Foreign Account Tax Compliance Act (FATCA). Paul and other plaintiffs are also out to upend the requirement to file a Report of Foreign Bank and Financial...

Some readers who are long-time fans of country music will recognize the name of outlaw legend David Allan Coe. He wrote big hits for artists such as Tanya Tucker (Would You Lay with Me In a Field of Stone") and Johnny Paycheck ("Take This Job and...

It has been more than 75 years since Snow White and her animated seven buddies debuted the song "Whistle While You Work." It seems unlikely that the merry tune inspired today's generation of whistleblowers cashing in after alerting the Internal...

Receiving a letter or a visit from the IRS confirming that you are about to be charged with Criminal Tax Fraud is obviously a frightening moment. Whether or not you have ever been the object of such an investigation you know that representation of...

Other than the military, the Internal Revenue Service is probably the most feared part of the federal government. When the IRS decides you are behind in paying taxes, it can be like the ultimate debt collector, with the power to take your assets and...

Accounting Today is an online publication for the accounting community. One of the things it does well is to remind that community that tax preparers and accountants can face severe penalties if they help a taxpayer break the law, as well as if they...

In reality TV, surviving is all about eating bugs, pretending to make friends with your rivals and not being voted off of the island. When it comes to surviving an audit by the Internal Revenue Service, life is more complicated. Experts say that...