Tax Law Blog

Do you have any non-fungible tokens (NFTs)? The Internal Revenue Service plans to issue guidance on how it will consider them as valuable collectible items.

A couple files a false tax return and then tries to cover up the refund they received as a result.  What could possibly go wrong?

In January, the National Taxpayer Advocate delivered her annual report to Congress. The document is a “report card” on the service provided by the Internal Revenue Service (IRS) to its constituents—U.S. taxpayers. The report identifies problem areas...

Regardless of your investment profile, if you owe taxes and penalties to the Internal Revenue Service (IRS), the IRS can pursue a wage levy.

Each year, the Internal Revenue Service (IRS) reminds U.S. taxpayers who have funds in foreign bank accounts to file a report to identify and place a value on those accounts. The report is called a Report of Foreign Bank and Financial Accounts...

In a move that could help half a million taxpayers, the Internal Revenue Service (IRS) recently announced new options for electronically filing certain tax documents.

The annual report from the Criminal Investigation Unit of the Internal Revenue Service for the fiscal year 2022 was released recently. In a branding departure, the cover of the report offers a cross-section of smiling, engaged IRS: CI agents, as...

Tax season is underway. Top earners can manage wealth and save money with some strategic planning around taxes.

Should you file taxes early or late?

A tax policy created under the American Rescue Plan of 2021 is intended to ensure that taxpayers fully report proceeds that run through payment apps and e-commerce sites. Responding to blowback on the implementation of the measure this year, the...