Tax Law Blog

We all know the classic Seinfeld character the Soup Nazi for his agressive soup rules and his catch phrase, "No soup for you!" But, did you know he was based on a real person and soup shop in NYC? The owner, Al Yeganeh, became an unwilling star...

Didn’t get your taxes done on time? In some cases, you may not have to worry. There are certain situations that automatically qualify for a tax extension.

Allegations of tax fraud can happen to anyone. The allegations can be made against the tax filings of a single individual or a large corporation. The penalties that result can be crippling both to current finances and to the social reputation of the...

In our previous post, we took note of a 10-year limitation period for the IRS to collect back taxes. But when does the clock begin ticking on that ten-year tax debt collection period? And, as with tax audits, are there exceptions that can extend it? 

Two people from Louisiana are currently ex-spouses and soon to be ex-attorneys. A pair of attorneys, and former husband and wife, plead guilty to failure to file their taxes for several years. They took cash payments for services rendered and failed...

Yet another small business owner, this one specializing in installing audio systems for churches and corporations, is facing 15 months of jail time for bad decision making. The North Carolina man witheld employment taxes from his staff, but used...

As regular readers of our national tax law blog know, we frequently touch upon issues related to FBAR. For those unfamiliar with acronym, it stands for Report of Foreign Bank and Financial Accounts. These reports are required for Americans who have...

Not so shockingly, not all politicians uphold the law. A congressional staffer was sentenced to prison recently for willfully failing to file an individual income tax return. Failure to file is a serious violation in the eyes of the Internal...

It is sometimes difficult to make financial decisions. You must first weigh the positives and negatives and assess the pros and cons before making a sound choice. Even the Internal Revenue Service can struggle to make decisions, a business...

Many people are relieved to see 2016 in their rearview mirror and are looking forward to the many possibilities that 2017 has to offer. One of the certainties of the new year is that we will all have to file our state and federal income tax returns...