Tax Law Blog

The Internal Revenue Service (IRS) is using its historic underfunding to explain why it has failed to pursue high-asset Americans taking unlawful advantage of tax breaks in Puerto Rico.

Banking offshore can save you money or lead you down a path to a potential tax crime. How does that happen?

An increased IRS budget and a court ruling against the agency are of interest to those who file a report of Foreign Bank and Financial Accounts (FBAR).

The 2024 filing season is now open. The Internal Revenue Service (IRS) began accepting tax returns in late January. It is time to connect with your tax professional to collect, review, and create the appropriate returns.

The Swiss institution, Banque Pictet, has admitted to helping U.S. taxpayers hide billions in undisclosed accounts.

Amazon notched a win in a fractious battle with the EU regarding its tax relationship with Luxembourg, its European headquarters.

Passed by federal legislators in 2022, the Corporate Transparency Act (CTA) takes aim at deterring tax fraud and money laundering. The Act went into effect on the first day of 2024.

Living abroad and considering foreign investment funds? Take a good look at potential liabilities before you invest.

A report from the EU Tax Observatory offers six suggestions to align global offshore tax activity with effective tax regulation.

In a last-minute deal, Columbian pop star Shakira settled her case involving criminal tax charges brought by Spanish prosecutors.