Tax Law Blog

Nobody wants to see a letter from the Internal Revenue Service (IRS) requesting the pleasure of their company at a tax audit. If you are interested in avoiding IRS scrutiny, it is a good idea to understand the pitfalls that may land you on the...

While living abroad may be an adventure for U.S. expatriates, it does not relieve the annual filing of a tax return or the filing of a Report of Foreign Bank and Financial Account (FBAR).

A California federal court recently authorized the Internal Revenue Service (IRS) to serve a digital platform with a “John Doe” summons. Although it sounds anonymous—it is not.

An extensive dive into the sheltering structures of a Nvidia CEO Jensen Huang offers a primer on how to save on estate taxes in the U.S.

Following a full week of trial, a Dutch tax advisor pled guilty to one count of aiding the filing of a false income tax return for celebrity clients who were U.S. taxpayers, but earned income around the world.

The former senior vice president and general counsel of Moody’s (a financial services company that provides credit ratings, research, and risk analysis) was sentenced to prison for failure to file his tax returns.

Most companies offer basic benefits to their employees. Whether it's health insurance or wellness and retirement programs, business owners have a choice of what they want to provide and how much they want to pay for the perk.

Around and around it goes. A Florida financial advisor rolled the dice on fraudulent tax shelters, filing false income tax returns, and money laundering—and he appears to be heading for a reckoning.

The Internal Revenue Service (IRS) is empowered to collect duly owed taxes from U.S. persons. As most know, the IRS readily applies penalties on taxes that are not paid properly. Taking a deeper look into IRS penalties may help you avoid them in the...

Collection and payment of employment taxes to the U.S. Treasury funds programs like Social Security, Medicare, and federal unemployment. Failure to withhold and turn over payroll taxes can lead to a penalty against those responsible, which can be...