Tax Law Blog

A bipartisan effort to require American businesses to develop anti-money laundering programs to better detect and deter dirty money from investment in the U.S. is making its way through Congress.

Crypto is on a wild ride with some speculators recently losing life savings even as others stay the course and continue to buy in. One of the parties along for the ride is the Internal Revenue Service (IRS), which scored a big win in the U.S....

The Internal Revenue Service (IRS) recently announced relief from penalties in certain cases for tax years 2019 and 2020. If you filed your return prior to September 30 of this year, you may see a failure to file (FTF) penalty removed from your...

The pandemic and the Great Resignation untethered a lot of people from office work. Today, your workplace could be an on-site office, at home, or a remote office. For some, that remote office is on the road in the U.S. or abroad. Digital nomads...

The Senate Finance Committee recently released an investigative report that identifies a loophole allowing offshore banks to accept and hold funds for U.S. taxpayers without reporting to the IRS.

The Inflation Reduction Act of 2022 was recently signed into law. Besides the headlines, what does that mean to you?

Crypto has had a tough go of it lately. Smaller investors have lost life savings while larger investors nervously sit tight. Behind the up-and-down headlines, the Internal Revenue Service (IRS) is quietly pursuing Operation Hidden Treasure.

If you make an error on your personal return or become aware there is an error on your business tax return, there are options for correcting your return.

If you earn upwards of $100,000 or more each year and did not file one or more tax returns with the Internal Revenue Service (IRS), this blog is for you.

Is failure to file disclosures of offshore tax a criminal tax crime? It depends.