Tax Law Blog

An IRS civil tax audit can be a slippery slope toward a far-reaching IRS criminal tax investigation. If you understand the process, you may have a better chance of avoiding a criminal tax charge.

Whether you live abroad or stateside, there are advantages to using foreign bank accounts. Like offshore tax investments, it is important to know what you are doing, and to be aware of potential downsides of these types of accounts.

With tax season underway, don’t forget your annual FBAR report is due in April too.

A Florida man was arrested in September on criminal tax charges that stretch around the world.

Non-compliance happens. Whether as an accidental American or a U.S. taxpayer with surprise foreign holdings, the Internal Revenue Service offers streamlined procedures to allow taxpayers to become current on filings involving foreign bank...

As odd as it sounds, some people may not realize they are considered Americans—until the tax man (or woman) comes calling.

If you possess a foreign bank account of a certain size, this message is for you. Your FBAR report is due very soon.

Are you considering placing an investment in an offshore tax haven? While you can protect your wealth, there is a lot of bad press around the practice—what do you need to know?

Five years ago, an investigative expose into the opaque world of offshore tax deals shook global halls of governance and woke up the world to the concept of dirty money. What has happened since?

Two recent court rulings drive home the need to pay careful attention to FBAR filings—and the penalties that accrue if they are ignored.