Tax Law Blog

Crypto has had a tough go of it lately. Smaller investors have lost life savings while larger investors nervously sit tight. Behind the up-and-down headlines, the Internal Revenue Service (IRS) is quietly pursuing Operation Hidden Treasure.

Time and time again, Ponzi schemes seem to resurface in this blog. But in this particular fraud case, it hits a little closer to home since over 70 Ohio residents were taken in by this scam.

In early June, the Internal Revenue Service (IRS) mistakenly sent notices to millions of couples who filed jointly letting them know their taxes were overdue.

An online Puerto Rican bank owned by an American investor has reached a settlement to liquidate the bank after a J5 investigation into tax evasion led to its suspension.

We continue our top ten countdown of financial crimes prosecuted by IRS:CI during 2021. In case #5, the IRS continued to focus on tax crimes conducted with digital currency.

McDonald’s has agreed to pay French tax authorities $1.3 billion to settle civil and criminal cases against the company.

An Offer in Compromise (OIC) is an agreement sometimes offered by the Internal Revenue Service (IRS) to manage tax liability. Is it the right move for you?

Last month, we talked about the Taxpayer Bill of Rights (TBOR). This month, we will look at another consumer resource, the National Taxpayer Advocate, and the recent fiscal year Objectives Report to Congress.

McKinsey & Company is in hot water again as French officials paid a visit to their Paris offices in search of evidence of tax fraud.

A professor charged under a sweeping initiative to uncover Chinese espionage in the U.S. was instead convicted of failing to disclose an offshore bank account.