Tax Law Blog

To counter tax fraud and tax evasion, the Internal Revenue Service (IRS) requires individuals who have money in a foreign bank account or offshore tax haven to file specific reports. Those reports include the Foreign Account Tax Compliance Act...

Wealthy investors able to pony up $5 million may soon be able to buy entry into the United States and a road to citizenship through a “Gold Card.”

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).

In late December, a federal court judge authorized a summons from the Internal Revenue Service (IRS) requiring businesses associated with Trident Trust Group to produce information regarding foreign bank accounts and offshore tax havens used by U.S....

For years, the European Union (EU) and the Organization for Economic Co-operation and Development (OECD) have been working toward a global minimum tax to stem the loss of offshore tax dollars related to multinational enterprise (MNE). The U.S. has...

You want to avoid paying more tax than you need to—but—you do not want to commit tax fraud. It's important to understand where the line is drawn between these two approaches. What is the difference between tax evasion and tax avoidance?

It is a new year and new tax season. It officially opened on January 27, 2025, and so here is some information to keep in mind as you start putting together your documents:

Winding out what will surely be the most effective years of the Internal Revenue Service (IRS), the agency recently updated on key milestones in its operating plan.

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.

A newly released report from the Tax Justice Network underscores the stubborn, persistent loss of billions of dollars to offshore tax abuse and the resistance of leading countries to contribute to a solution to the problem.