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.

The Internal Revenue Service (IRS) recently concluded its collaborative Summit offering recommendations and awareness of current criminal trends to tax professionals.

Erin Collins, the National Taxpayer Advocate (NTA), recently took the Internal Revenue Service (IRS) to task for an unprocessed backlog of 500,000 tax fraud cases.

Each year, the Internal Revenue Service (IRS) releases an annual list of the schemes and scams being used against U.S. taxpayers every day. It's called the Dirty Dozen. The list is of interest to those who want to avoid being scammed and to those...

Each year, the Internal Revenue Service Crime Investigation (IRS:CI) unit releases its annual report. The report provides an inside look at the priorities, practices, and success rates of IRS:CI endeavors to reduce tax crime and encourage compliance.

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.

The Financial Crimes Enforcement Network (FinCen) recently issued an alert to banks and financial institutions regarding tax and financial fraud associated with the use of counterfeit U.S. passport cards.

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.

The Internal Revenue Service (IRS) might communicate with you by telephone, correspondence, or meet you in person as part of a civil or criminal tax audit. How do you know you are not being scammed?

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.