Tax Law Blog

If you have investments in foreign banks or tax havens, the chances are good that you are aware of your offshore reporting obligations.  But if the acronyms FATCA and FBAR have you puzzled, we can help.

The deadline for voluntarily disclosing offshore assets is rapidly approaching. If you are aware, or suspect, that your offshore tax matters are not compliant, now is the time to act.

To identify and reduce tax evasion through offshore tax accounts, US citizens are required to annually report assets held in foreign bank accounts.  FATCA is a regulation that requires just such a filing.

Pretty much any kind of correspondence from the Internal Revenue Service (IRS) is enough to ruin at least lunch. Receiving notice of an IRS civil tax audit can send a quiver of anxiety through anyone. To provide a heads-up on avoiding tax...

Despite dogged pursuit of US citizens for tax fraud and hidden foreign bank accounts, the US ranks a global number two as a reliably safe place to stash secret cash.

Offering an example of one of its “Dirty Dozen Tax Scams,” the Internal Revenue Service (IRS) permanently barred a tax professional from preparing tax returns for others.

A 64-year-old man with a history of tax controversy pled guilty to tax crimes that will land him in prison for the next six years.

In early June, the Internal Revenue Service (IRS) took a step toward helping those with late payments associated with the new section 965 transition tax.

A C-Suite executive is heading for prison for almost three years after committing tax fraud that netted him $1.7 million at the expense of his company.

In the spirit of the hurricane season, the Internal Revenue Service (IRS) offers advice on preparing your business or personal enterprise in the event of an emergency.

By storm, fire, earthquake, and even volcano, many areas in the US are...