Tax fraud involving fraudulent tax returns takes down another tax preparer—this time an examiner for the IRS.
Read MoreTwo principals of the defunct law firm behind the notorious Panama Papers scandal sued Netflix for its allegedly defamatory depiction of them in the movie, “The Laundromat.”
Read MoreThe Internal Revenue Service (IRS) plans to boost the number of small business audits it performs in 2021.
Read MoreIn 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.
Read MoreLet’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...
Read MoreIf 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?
Read MoreAt 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.
Read MoreLike most global investment banks, Goldman Sachs would prefer not to have a guilty plea on its books—but the recent 1MDB scandal required one.
Read MoreOne thing to remember about committing a tax crime—it doesn’t always happen to someone else.
Read MoreWith 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.
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