Tax Law Blog

The Report of Foreign Bank and Financial Accounts (FBAR) is filed annually. While the FBAR was due on April 15, it is not filed as part of a personal income tax return. For those filing late, the Internal Revenue Service offers an automatic...

Last month, we talked about the Taxpayer Bill of Rights (TBOR). This month, we will look at another consumer resource, the National Taxpayer Advocate, and the recent fiscal year Objectives Report to Congress.

Offshore financial centers offer options to people and governments interested in protecting and growing their wealth. Some promote tax fraud, while others do not.

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.

IRS:CI has a unit that responds to specialized areas of tax crime. The International Tax and Financial Crime (ITFC) group focuses on fraudulent activity involving offshore tax holdings, financial institutions, and foreign bank accounts.

Does deciding not to report income earned off the table really matter? It is not like stealing—or adding a fictitious dependent, right? What exactly constitutes a tax crime to the Internal Revenue Service (IRS)?