Tax Law Blog

If your business is struggling with overwhelming debt, options are needed. Different options apply in different circumstances. For some, an offer in compromise (OIC) could have value.

When tax debt is more than you are able to pay, the Internal Revenue Service (IRS) may consider an offer in compromise.

As the 2020 tax season moves into full swing, the Internal Revenue Service (IRS) has been working hard to take fraudulent tax returns off the table.  How? By going after tax preparers who commit tax fraud.

As IRS enforcement efforts continue to expand, offers in compromise (OICs) remain one of the most sought-after tools for taxpayers struggling with overwhelming liabilities. But as the case of actor Wesley Snipes shows, the OIC process requires...

While most people do not plan things that way, circumstances may leave you with an overwhelming tax obligation.  One option to relieve the tax burden could be an offer in compromise.

Despite a duty to turn over employment taxes to the Internal Revenue Service (IRS), some business owners are tempted to withhold that money. When they do—it can lead to an IRS audit, or worse, an IRS criminal tax investigation. For a Michigan man, a...

Payroll taxes are a hard and fast responsibility of those who employ others.  For two C-Suite execs, their desire to conceal a business downturn got the better of their common and fiduciary sense.

A recent payroll tax case prosecuted by IRS criminal tax investigation agents drives home a message about the importance of accurate payroll records and tax payments.

If you have “seriously delinquent tax debt,” you should speak with an experienced tax attorney before your next trip out of the United States, or before you try to return.  Otherwise, you may be in for an unhappy surprise at the border.

A North Carolina man has been sentenced to 43 months of prison time for tax evasion. Oddly enough, this gentleman ran a tax consultancy business for the last 24 years, and that was after 12 years of being employed as an IRS Revenue Officer. He used...