Tax Law Blog

The State of Massachusetts recently instituted a tax amnesty program. Ohio had to cancel its plans for a tax amnesty program in 2023 given the state financial outlook. What do these programs offer taxpayers?

There is an expectation by the Internal Revenue Service (IRS) that U.S. persons are aware that their income is taxed on a global basis—although the U.S. is one of very few countries that do so. Failure to file required reporting on assets outside of...

A successful businessman crosses the line into employment tax fraud and is going to prison. A short but sadly common story for some individuals responsible for paying over employment taxes to the Internal Revenue Service (IRS).

Each year, the Taxpayer Advocate Service (TAS) presents legislative recommendations to Congress as part of its Annual Report. TAS recently delivered its recommendations for 2024 to the legislature.

A budget-boosted compliance effort by the Internal Revenue Service (IRS) is paying off. The agency announced in July that it has collected more than $1 billion in overdue taxes from high-wealth taxpayers.

If you have a foreign bank account, hold assets or have an interest in an offshore tax account, you are required to file a Report of Foreign Bank and Financial Accounts (FBAR). If you failed to file in the last year, the Internal Revenue Service...

Saving the best for last, the top two IRS:CI tax fraud matters of 2023 take a broad swipe at a multitude of IRS regulations from failure to file an FBAR report to money laundering, and tax fraud based on biofuel tax credits.

If you receive a letter from the IRS notifying you of an audit, you may not be too worried. If you did a good job on your taxes and have a pretty good idea of your reporting, there is not an enormous reason to sweat. If you know there is potential...

The Internal Revenue Service (IRS) routinely pursues scams and scamsters engaged in tax fraud.  The IRS also scrutinizes tax returns, annual financial reports, and other submissions for tax fraud.  So—what is tax fraud?

The Internal Revenue Service (IRS) is holding tax refunds from 2020 for more than 900,000 taxpayers across the country. Are you one of them?