Tax Law Blog

A $14,729 tax bill is at the root of a U.S. Supreme Court Case that poses a question of whether income must be realized to be taxed.

Passed by federal legislators in 2022, the Corporate Transparency Act (CTA) takes aim at deterring tax fraud and money laundering. The Act went into effect on the first day of 2024.

Employers in the U.S. are required to collect employment taxes and pay them over to the Internal Revenue Service (IRS). Not only that but responsible parties are expected to do so in a timely and correct manner. Not surprisingly, if there is an...

When a taxpayer does not respond to notices, the Internal Revenue Service (IRS) can move to collect taxes due in several ways. One of those collection methods is paycheck garnishment, also known as a “wage levy.”

Drawing back the curtain on global tax fraud, an independent EU research lab affiliated with the Paris School of Economics has released a new report on international tax evasion.

Your return is complete and you owe more money to the Internal Revenue Service (IRS) than you can pay.  Or, maybe you have a long-standing tax liability with the IRS. What can you do?

A mistake or an intentional deception on a tax return can cause problems downstream. You should know what to do if you need to correct a return—or if you knowingly submitted a fraudulent tax return to the Internal Revenue Service (IRS).

When you owe money to the Internal Revenue Service (IRS), one of the collection tools it may use is a levy. Because a levy allows the IRS to seize your property, it is critical to understand what it is and what you can do about it.

The Employee Retention Credit (ERC) was a good deal for businesses—until it became an even better deal for scammers.

Identity theft and related tax fraud are an ongoing threat. An Identity Protection PIN (IP PIN) from the Internal Revenue Service (IRS) can help provide protection from return-related tax fraud.