Tax Law Blog

They say you "don't mess with Texas," but in this case they should change it to "don't mess with the IRS." A Houston attorney has been indicted in a complex tax scheme for trying to bring offshore funds back to the U.S. without paying taxes to the...

When a Los Angeles man purposefully failed to file a Report of Foreign Bank and Financial Accounts (FBAR), the Internal Revenue Service took notice.

In order to provide incentive to encourage use, exchange, provision, and development of alternative fuels, the Internal Revenue Service (IRS) offered a Biodiesel Mixture Credit. Two Colorado business entrepreneurs took advantage of the credit—and...

A San Francisco area CPA was convicted, along with his client, of tax crimes related to the failure to report income for a period of four years, resulting in no income taxes being assessed for this same period. Now, they are both facing steep...

Every good thing must come to an end, and the Internal Revenue Service (IRS) Offshore Voluntary Disclosure Program (OVDP) is one of them.

As attitudes and regulations around tax havens change, so does the language we use for addressing offshore tax holdings.

The deadline for voluntarily disclosing offshore assets is rapidly approaching. If you are aware, or suspect, that your offshore tax matters are not compliant, now is the time to act.

Pretty much any kind of correspondence from the Internal Revenue Service (IRS) is enough to ruin at least lunch. Receiving notice of an IRS civil tax audit can send a quiver of anxiety through anyone. To provide a heads-up on avoiding tax...

Despite dogged pursuit of US citizens for tax fraud and hidden foreign bank accounts, the US ranks a global number two as a reliably safe place to stash secret cash.

In early June, the Internal Revenue Service (IRS) took a step toward helping those with late payments associated with the new section 965 transition tax.