Tax Law Blog

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.

Let’s say it happened to you. You received a notice for an IRS civil tax audit, you traded documents and telephone calls with the IRS, and you just got the letter from the IRS concerning the findings of the audit. According to the Internal Revenue...

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?

At some point in your life, it is possible you will have a disagreement with the Internal Revenue Service (IRS). The more complex your financial profile, the greater the likelihood that you and the IRS may not see eye-to-eye.

Like most global investment banks, Goldman Sachs would prefer not to have a guilty plea on its books—but the recent 1MDB scandal required one.

One thing to remember about committing a tax crime—it doesn’t always happen to someone else.

With a nod to the Tax Cuts and Jobs Act (TCJA), the IRS issued final regulations in October that codify the rules around tax deductions for business entertainment and meals.

A recently proposed rule posted in the Federal Register by the Department of Labor (DOL) aims to clear some of the murkiness around who is, and who is not, an employee for purposes of the Fair Labor Standards Act (FLSA).The new rule may help...

In a complicated scheme spanning years, a Kansas man used payday loan debt to make money and committed tax fraud along the way.

Outsourcing payroll functions can save business owners and operators time and money. Using vendor expertise lets employers focus on marketing their core strengths and customer fulfillment. For some companies, it is a good deal—and sometimes it isn’t.