Tax Law Blog

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.

If you have reason to believe you could be investigated for a criminal tax matter, the Internal Revenue Service (IRS) Voluntary Disclosure Practice could help you address the question of future criminal tax litigation.

Tall tales abound, even when it comes to paying taxes.

Knowing how to reduce tax liability can be a boon to Americans who move or work abroad.