Tax Law Blog

Generally, a business owner wants to avoid anything that could put their business’ success in danger. One of the things that can have major negative effects on a business’ financial health and future is tax problems.

Everyone wants to keep more of their hard-earned income and avoid paying taxes. There are many tax avoidance strategies; however, an individual or business owner must take care to ensure that any steps he or she takes to reduce tax liabilities are...

When it comes to taxes, for individuals and business owners, few words evoke as much fear and anxiety as the word audit. This time of year, as taxpayers prepare to file their 2014 tax returns, the idea of being targeted for an IRS audit is...

We all make mistakes in life and everyone deserves the chance to start fresh. However, when mistakes involve matters related to one's taxes, the IRS is notoriously unforgiving and often imposes harsh penalties. They may even pursue criminal tax...

Actor Robert De Niro is known as being one of the most successful working actors in Hollywood. More recently, De Niro's name made headlines when it was revealed that the Internal Revenue Service filed a tax lien against the actor related to a $6.4...

In our last blog post, we discussed some of the reasons that may increase the likelihood that an individual will receive a notice from the Internal Revenue Service that he or she is being audited. Dreaded by all U.S. citizens, the audit process...

It's nearly tax time and as individuals prepare to tackle their 2014 tax forms, they are advised to become educated about tax changes that may impact their tax liability. When it comes to filing one's taxes, a couple of things are nearly always...

There's been a lot of mention in the news lately about foreign financial accounts and efforts by the U.S. government to crackdown on would-be tax evaders. Gone are the days when individuals could easily open a foreign Swiss account and just happen...

These days, the Internal Revenue Service appears to have reached new heights of unpopularity among both members of the U.S. public and conservative politicians. While many conservatives have long-regarded the federal agency as being "broken," the...