Tax Law Blog

In return for bringing in Big Business, Amazon is aiming to receive billions of dollars worth of tax credits from some lucky North American city.  Is this a race to the bottom for prominent cities, future incentive for IRS audits, or a good deal?

If you are an American with foreign accounts living stateside or abroad, the foreign bank account report (FBAR) is an important annual obligation. Let’s talk about why.

Anyone that says tax law is a boring, static area of practice is not paying attention. Tax law often changes, as highlighted by recent adjustments coming up involving how the Internal Revenue Service (IRS) will conduct audits of partnerships.

Tips and advice on how to avoid getting audited by the Internal Revenue Service (IRS) abound. But why bother? Does it really matter if you get an IRS agent knocking on your door or a mailing from the agency stating that they are going to conduct a...

Various federal agencies are experiencing cuts under the new presidential administration. One agency that has been hit particularly hard in recent years is the Internal Revenue Service (IRS). As the number of workers within this agency declines, the...

In our previous post, we took note of a 10-year limitation period for the IRS to collect back taxes. But when does the clock begin ticking on that ten-year tax debt collection period? And, as with tax audits, are there exceptions that can extend it? 

If you are concerned about getting audited by the Internal Revenue Services (IRS), you are not alone. In fact, these concerns are so common that the financial experts with Forbes recently published a piece with a handful of tips to avoid become the ...

Starting up a business or adding a side consultancy can immediately complicate your tax return. Make a mistake and the penalties and interest can easily inflate a past due tax balance.

Tax season is in full swing. Anyone that has been gathering their tax documents has likely had concerns about the potential of an audit. What if the Internal Revenue Service (IRS) digs deeper into your returns? What if your deduction numbers are...

The National Taxpayer Advocate is a little-publicized position within the Internal Revenue Service. Appointed in 2001, Nina Olson's job is to be the voice of tax-paying citizens.