Tax Law Blog

The State of New York recently passed a new tax aimed at addressing New York City’s budget gap. The proposed pied-à-terre tax has been discussed for some time. While media reports have focused on properties owned by the wealthy, such as the...

In February, Vice President Vance and Dr. Mehmet Oz, administrator of the Center for Medicare and Medicaid Services (CMS,) discussed plans for a new assistant attorney general position to address fraud, waste, and abuse involving taxpayer-funded...

Black, grey, non-cooperative? What is the difference in how an offshore tax jurisdiction is identified in the international tax community?

An extensive dive into the sheltering structures of a Nvidia CEO Jensen Huang offers a primer on how to save on estate taxes in the U.S.

Being knowledgeable about business taxes is fundamental to running a successful business. From small business to multinational concern, tax laws can deliver benefits or bad news. If your business is assessed a tax penalty—it is a good idea to know...

Do you use your car for business? The Internal Revenue Service (IRS) announced a three-cent mileage rate increase this year.

What’s in a word? Tax terms can be confusing, but terms related to tax crimes must be clear when allegations are on the line.

If you owe tax to the Internal Revenue Service (IRS) and do not plan to pay right away, the amount you owe could quickly increase with added interest and penalties.

The Internal Revenue Service (IRS) is empowered to collect duly owed taxes from U.S. persons. As most know, the IRS readily applies penalties on taxes that are not paid properly. Taking a deeper look into IRS penalties may help you avoid them in the...

Tax debt that is ignored does not go away. Knowing what to do when the Internal Revenue Service (IRS) reaches out about your personal or professional tax liability is important.