Tax Law Blog

Recent media reports about corporations skipping out on their federal tax obligations could not have come at a worse moment. Structured, long-term arrangements whereby multinational companies use offshore tax jurisdictions to reduce or eliminate...

This month, we bring you number two on the Criminal Investigation Division (IRS-C) list of all-time greats from the year 2020. This story involves global intrigue, offshore tax havens, and hidden foreign bank accounts.

The Biden administration is taking aim at corporations that abusively use offshore tax practices to minimize their tax liability in the U.S. by boosting the budget of the Internal Revenue Service (IRS).

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.

Recent research suggests that those who have the most money tend to pay the least amount of their earnings to the Internal Revenue Service (IRS).

The Queen of Soul left no will—or did she? One way or the other the Tax Man cometh.

During tax season, FBAR and FATCA reporting impacts US persons who have foreign bank accounts or offshore tax holdings. So, what does that mean?

Pakistan remains on the grey list of the Financial Action Task Force (FATF). What is the “grey list” and why does it matter?

Reality often bites. The Internal Revenue Service (IRS) drove that point home recently with a top five list of their most prominent prosecutions in 2020.