Tax Law Blog

Avoiding allegations of tax crime is important for anyone—especially business owners or high asset individuals who are more likely to become targets of an IRS criminal investigation. When we talk about “criminal tax matters,” what do we mean? Let’s...

If you are a “United States person” and hold a foreign bank account with enough value during the year, you probably owe the Internal Revenue Service a Report of Foreign Bank and Financial Accounts (FBAR).

Micro-captive tax shelters are not popular with the Internal Revenue Service (IRS).  What are they and what is the problem with micro-captives?

On the second day of 2020, the Internal Revenue Service (IRS) helpfully announced that on January 27, 2020, it is open season on the 2019-2020 tax season.

“Citizenship for investment,” does the term sound familiar?  The EU is cracking down on tax havens that put a price tag on citizenship.

Few people enjoy paying taxes, but some taxpayers avoid taxes, while others evade them—what’s the real difference?

A new report from the European Commission offers sobering facts about the amount of wealth held in offshore tax havens.

Filing false tax returns and failure to file reports on wealth held in foreign bank accounts netted a California businessman almost two years in prison.

Caught up in the ongoing IRS Swiss Bank Program investigation of undeclared foreign assets, Zurich Life Insurance Company agreed to pay the US $5.1 million to settle claims of offshore tax fraud.

For a specific group of expatriates, the Internal Revenue Service (IRS) recently announced new procedures for clearing out old tax debt.