Tax Law Blog

This month, we bring you number two on the Criminal Investigation Division (IRS-C) list of all-time greats from the year 2020. This story involves global intrigue, offshore tax havens, and hidden foreign bank accounts.

The Biden administration is taking aim at corporations that abusively use offshore tax practices to minimize their tax liability in the U.S. by boosting the budget of the Internal Revenue Service (IRS).

Five years ago, an investigative expose into the opaque world of offshore tax deals shook global halls of governance and woke up the world to the concept of dirty money. What has happened since?

Two recent court rulings drive home the need to pay careful attention to FBAR filings—and the penalties that accrue if they are ignored.

Recent research suggests that those who have the most money tend to pay the least amount of their earnings to the Internal Revenue Service (IRS).

Tax fraud is easy to commit and less easy to remedy once a criminal tax investigation has been initiated. Are you concerned about attracting the interest of the Internal Revenue Service (IRS)?

The Internal Revenue Service is perennially concerned with employment taxes. There are a myriad of ways a payroll tax issue can quickly turn into tax fraud.

The Joint Chiefs of Global Tax Enforcement (J5) recently completed a new Challenge event—taking a close look at developing financial technology companies (FINtech) that offer financial services outside mainstream regulatory channels.

During tax season, FBAR and FATCA reporting impacts US persons who have foreign bank accounts or offshore tax holdings. So, what does that mean?

As a business owner, it is easy to slip into questionable business practices. When it becomes a slide, it is important to know what can happen—and where to get help.