Tax Law Blog

It is time to take stock of tax tips for the 2022 tax season.Tax season opened late last month on January 24, 2022, and according to recent media reports, it is going to be a doozy.

The Internal Revenue Service (IRS) recently agreed on changes for the upcoming tax season to allow some taxpayers with an Offer in Compromise (OIC) to retain a portion of their tax refund for needed expenses.

Ensuring your payroll taxes are promptly paid is a key compliance issue for businesses of all sizes.

An esteemed university professor--renowned as an expert in organized crime, author, and consultant to the Federal Bureau of Investigation (FBI) and the United Nations--yielded to the siren song of tax fraud and is headed to prison.

Tax Day rolls around each year. If you have delayed or simply passed on filing your tax return, you may be surprised at the difficulties it can cause.

If you are tapped for an Internal Revenue Service (IRS) civil audit, your mind may suddenly lurch to the ten boxes of documents you shredded while cleaning house during the pandemic lockdown. Barring that, if you do draw the interest of the Internal...

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...

Businesses continue to be challenged by COVID-19 and the supply-chain inflation that has ensued.

Cryptocurrency continues to gain ground and is not going away. New legislation would close profitable loopholes for crypto users, and the IRS is signaling measures that impact transactions involving some cryptocurrencies.

Despite those who wish otherwise, the Internal Revenue Service (IRS) rarely forgets a debt, regardless of celebrity or political profile.