Tax Law Blog

In February of 2026, the Internal Revenue Service (IRS), through the United States Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), announced that it was accepting whistleblower tips through a newly established webpage.

With the new year, the current economy and ever-changing investment strategies, is it time to consider an offshore tax haven? Let’s take a look.

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...

Rare as it may seem, a bipartisan group of legislators has agreed to introduce legislation that would require those who deal in the sale of art to operate under the Bank Secrecy Act (BSA).

Taking a more collaborative approach to fighting financial crime, the Internal Revenue Service (IRS) recently announced a new initiative for working with banking institutions to fight tax crime.

A “card room” is a seemingly quaint term for a place where people mix, mingle, and play cards. One California card room got a fast lesson in financial reporting that resulted in a Consent Order and a $900,000 fine.