A bipartisan effort to require American businesses to develop anti-money laundering programs to better detect and deter dirty money from investment in the U.S. is making its way through Congress.

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Smishing—have you heard of it? The Internal Revenue Service (IRS) is warning tax professionals and taxpayers about a recent boost in texting scams designed to capture financial information.

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After years of speculation, a Spanish judge recently authorized a trial on charges of tax fraud against pop singer Shakira.

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The Internal Revenue Service (IRS) recently announced relief from penalties in certain cases for tax years 2019 and 2020. If you filed your return prior to September 30 of this year, you may see a failure to file (FTF) penalty removed from your...

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The pandemic and the Great Resignation untethered a lot of people from office work. Today, your workplace could be an on-site office, at home, or a remote office. For some, that remote office is on the road in the U.S. or abroad. Digital nomads...

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The Senate Finance Committee recently released an investigative report that identifies a loophole allowing offshore banks to accept and hold funds for U.S. taxpayers without reporting to the IRS.

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The Inflation Reduction Act recently signed into law provides a major budget boost to the Internal Revenue Service (IRS).

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An online Puerto Rican bank owned by an American investor has reached a settlement to liquidate the bank after a J5 investigation into tax evasion led to its suspension.

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Is failure to file disclosures of offshore tax a criminal tax crime? It depends.

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McDonald’s has agreed to pay French tax authorities $1.3 billion to settle civil and criminal cases against the company.

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