Tax Law Blog

You have heard it before. Since it is tax time, you’ll hear it again. Choose your tax preparer wisely.

In the waning days of the Trump administration, a federal prosecutor laid charges against an MIT professor as the parting salvo in the China Initiative, a program targeting the secret drain of proprietary secrets from the US to China.

It was an interesting scheme but will ultimately cost a New Jersey man six years of his life behind bars.

The rosy business prospects of January 2020 gave way to the kind of business devastation that most people have never seen. For business owners, hard times have made for hard choices.

A recently proposed rule posted in the Federal Register by the Department of Labor (DOL) aims to clear some of the murkiness around who is, and who is not, an employee for purposes of the Fair Labor Standards Act (FLSA).The new rule may help...

Outsourcing payroll functions can save business owners and operators time and money. Using vendor expertise lets employers focus on marketing their core strengths and customer fulfillment. For some companies, it is a good deal—and sometimes it isn’t.

In May, the Treasury Inspector General for Tax Administration (TIGTA) issued a report that confirms the Internal Revenue Service is not pursing high income taxpayers that fail to file tax returns.

If you fail to fully report your income to the Internal Revenue Service (IRS), you could be heading for tax troubles ahead.

In the second largest penalty obtained by the Department of Justice, Israel’s sprawling Bank Hapoalim admitted to a systemic program whereby its officials and branches laundered money and actively helped US taxpayers set up offshore tax accounts to...

Taylor Lohmeyer is going to have to give up the goods. Or, at least that is the latest from a federal appeals court in a matter involving the Internal Revenue Service (IRS).