Tax Law Blog

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.

In a bid to boost customer service, the IRS recently launched a new portal to file required Form 1099 information.

Should you file taxes early or late?

For taxpayers with significant tax debt, an Offer in Compromise (OIC) may sound like a pretty good deal. An OIC provides an opportunity to reduce your tax liability—but it is by no means free.

The Automated Underreporter (AUR) program is an important part of compliance efforts at the Internal Revenue Service (IRS).

With tax season approaching, the Internal Revenue Service (IRS) is again warning consumers and companies to avoid “ghost” tax return preparers. Are you a ghost preparer?

IRS audits are a perennially important topic for U.S. taxpayers. Knowing your rights following an audit is equally important.