Tax Law Blog

The incoming administration may pursue taxes differently than the previous administration.

In hot water for its money laundering activities, credit-card company Capital One fessed up and will pay for its lack of guardrails around suspicious financial transactions.

Ready or not, a new tax season is upon us.

The Internal Revenue Service (IRS) reports a big jump in the number of people filing individual tax returns.

A bankruptcy filing under Chapter 7 of the US Bankruptcy Code could help you wind down your business and discharge certain types of unmanageable debt.

In July 2020, the Chief of IRS Criminal Investigation (CI) announced the end of his longtime tenure at the Internal Revenue Service (IRS). Current CI deputy chief James Lee has become the new Chief of CI.

Analysis from across the board finds that defunding the Internal Revenue Service (IRS) impacts compliance. In turn, tax fraud increases and the tax gap does, too. Do you care?

It was an interesting scheme but will ultimately cost a New Jersey man six years of his life behind bars.

Tax evasion and opaque offshore tax havens are well known for the economic wreckage that results when countries cannot collect legitimate taxes due. A new report pegs the global tax gap at $427 billion.

If you receive a letter from the IRS, there is a decent chance it is a “soft  letter.” What exactly is that supposed to mean and what should you do about it?