Tax Law Blog

If you are tapped for an Internal Revenue Service (IRS) civil audit, your mind may suddenly lurch to the ten boxes of documents you shredded while cleaning house during the pandemic lockdown. Barring that, if you do draw the interest of the Internal...

Business owners in Ohio are steamed over several proposals associated with President Biden’s reconciliation bill and they are letting Washington know about it.

Businesses continue to be challenged by COVID-19 and the supply-chain inflation that has ensued.

Cryptocurrency continues to gain ground and is not going away. New legislation would close profitable loopholes for crypto users, and the IRS is signaling measures that impact transactions involving some cryptocurrencies.

If you possess a foreign bank account of a certain size, this message is for you. Your FBAR report is due very soon.

Compliance is important for realizing the full benefits of offshore investment.Let’s take a look at some relatively easy ways to stay on the right side of the law when considering or maintaining foreign bank accounts or holdings.

Despite those who wish otherwise, the Internal Revenue Service (IRS) rarely forgets a debt, regardless of celebrity or political profile.