Tax Law Blog

Despite relentless volatility, bitcoin and other cyber-currencies are having a moment as the new administration rolls back regulatory efforts and pushes for a national digital asset stockpile.

Each year IRS Criminal Investigation (IRS: CI) releases its top ten list of tax crimes of the past year. The selections highlight the height of criminal tax fraud and the lengths that defendants go to mint money—if only for a little while. The...

With a new incoming administration, possible tax cuts, impactful legislation, and a lot of change lie ahead.

It is no surprise that crypto-fraud dominates the IRS:CI top ten list for 2023. Digital coin, money laundering, and tax fraud are common bedfellows. To prove the durability of crypto in tax crime, the #3 cryptocurrency case is not even about real...

In the fourth case in our countdown of the IRS:CI 2023 Top Ten Tax Crimes, a longtime crusader for the use of Bitcoin to replace currency is going to prison and paying back (in cash) the $3.5 million he swindled.

Criminal intent takes many forms on the internet. Our #7 entry on the IRS:CI top ten crimes prosecuted in 2023 is a defendant who made his living on the Silk Road.

As we count down the top ten IRS:CI scams of 2023, crypto fans will be interested in #8, a defendant who manipulated blockchain tech to earn millions—and a prison term.

Have you been selected for an IRS civil tax audit or wonder if you will be? Understanding the basics of a civil tax audit helps you respond effectively to the IRS if the time comes.

If you own digital assets, or you are just interested, it is a good idea to understand how the Internal Revenue Service (IRS) looks at this type of property.

As digital assets wax and wane in value, it is a good idea to understand what information is due to the Internal Revenue Service (IRS) this time of year.