Tax Law Blog

Above a certain threshold, assets held in offshore or foreign bank accounts must be reported to the Internal Revenue Service (IRS). The Report of Foreign Bank Account and Financial Accounts (FBAR) is reported each year through the Financial Crimes...

For the upcoming 2025 tax season, the Internal Revenue Service (IRS) is providing a new form for brokers to report sales proceeds of digital asset transactions.

It is a good time to be wealthy in America. Along with the benefits of the One Big Beautiful Bill Act (OBBBA), high asset earners can look forward to tax cuts that benefit their families and businesses.

In early December 2025, European law enforcement agencies seized Cryptomixer.io, a well-known crypto tumbler.

Taking a new turn on an old scandal, Swiss regulators filed money laundering charges against Credit Suisse, its owner the Union Bank of Switzerland (UBS) and an unnamed employee.

A recent Internal Revenue Service (IRS) Criminal Investigation reflects the ease of employer tax crime and the serious consequences they create for both employees and business owners.

No one wants to pay taxes, but some taxpayers go to lengths to convince the Internal Revenue Service (IRS) that tax regulations do not apply to them. Though they are referred to as frivolous, these arguments are sometimes used to refute or even...

Act 60 is a framework to attract investment and business to Puerto Rico by providing lucrative tax breaks. The initiative has gained a lot of attention, more recently from the Internal Revenue Service (IRS).

As the fourth quarter of 2025 wanes, it is worthwhile to maintain focus on documentation needed for the upcoming tax season, such as receipts.

Ownership information collected from U.S. companies under the Corporate Transparency Act (CTA) will be deleted when an interim rule is finalized by the end of the 2025 calendar year.