Tax Law Blog

A professor charged under a sweeping initiative to uncover Chinese espionage in the U.S. was instead convicted of failing to disclose an offshore bank account.

The long arm of the Internal Revenue Service (IRS) reaches for monies you keep anywhere in the world. Accurate reporting is key to remaining compliant and off the radar of the IRS.

Knowing how to reduce tax liability can be a boon to Americans who move or work abroad.

A recent exposé looks at the role of registered agents against the larger backdrop of domestic tax fraud and secrecy surrounding foreign bank accounts.

New research finds the Internal Revenue Service (IRS) is aiming civil audits at low wage earners, demonstrating a confounding approach to a group less known for tax fraud than those with greater wealth.

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...