Tax Law Blog

A Louisana couple who runs a convenience store and check cashing business were sentenced for Conspiracy and Filing False Tax Returns last week. The pair worked with several co-conspirators to cash fraudulent tax refund checks while charging an...

It is understandable how the scam works. A harsh, authoritarian voice on the other end of the phone tells the unsuspecting victim that the Internal Revenue Service has determined that the person has broken the law and subsequently owes a lot in back...

An Oregon, Ohio psychiatrist who hid her income from the Internal Revenue Service for over six years, has been sentenced to 18 months in prison for tax evasion. She evaded more than $360,000 in income tax. The Justice Department Report tells us the...

The U.S. Department of Justice recently published news of an indictment, charging the owners of sixteen adult foster care homes located throughout Michigan with 60 counts of failing to account for and pay over employment taxes. The full press release

He was an apparently savvy emeritus professor of business administration. Dan Horsky amassed a fortune of $200 million by investing in start-ups, according to an article in the Wall Street Journal. However, Horsky recently paid half of that -- $100...

The Internal Revenue Service is known for its relentless pursuit of people it believes are cheating on their taxes. But a new report from the Treasurer Inspector General for Tax Administration (TIGTA) says the IRS should do a better job of hunting...

Here in our tax law blog serving readers in Chicago, Cleveland and across the U.S., we have repeatedly reported on the Internal Revenue Service’s attempts to crack down on tax evasion. One of the more publicized efforts has been the agency's pursuit...

Their names and acronyms might not roll off of the tongue, but there is no denying the importance of the American Institute of Certified Public Accountants (AICPA), Internal Revenue Service (IRS), the Financial Crimes Enforcement Network (FinCEN)...

For many Baby Boomers, the time has arrived to set aside careers and jobs and instead pursue the finer things in life in retirement. Of course, retired life might not always be as smooth as one might like.

In our previous post, we discussed a proposed change in the appeals settlement process used by the Internal Revenue Service. The change would shift settlement decision-making authority from a group of 35 appeals team case leaders to their 6 managers.