Tax Law Blog

In May, the Treasury Inspector General for Tax Administration (TIGTA) issued a report that confirms the Internal Revenue Service is not pursing high income taxpayers that fail to file tax returns.

If you fail to fully report your income to the Internal Revenue Service (IRS), you could be heading for tax troubles ahead.

Several European countries recently announced they will not be putting any COVID stimulus monies into the deep pockets of secrecy jurisdictions currently on the EU tax haven blacklist.

In the second largest penalty obtained by the Department of Justice, Israel’s sprawling Bank Hapoalim admitted to a systemic program whereby its officials and branches laundered money and actively helped US taxpayers set up offshore tax accounts to...

Everybody loves a good story. Here’s one: A movie producer accused of laundering $248 billion recently saw charges against him dropped—after he agreed to return $107 of his largess.

It is not just taxpayers that are penalized for using abusive tax shelters, Wells Fargo recently lost a precedent-setting appeal to the Eighth Circuit. Essentially, Wells Fargo sought to avoid penalties levied on the company by a lower court finding.

Taylor Lohmeyer is going to have to give up the goods. Or, at least that is the latest from a federal appeals court in a matter involving the Internal Revenue Service (IRS).

When tax debt is more than you are able to pay, the Internal Revenue Service (IRS) may consider an offer in compromise.

As the economy continue its ups and downs, awareness of regulatory moves that relate to your individual tax situation can reduce anxiety and protect your wealth.

The Criminal Investigation unit of the IRS (IRS-CI) collaborates with international partners to identify, investigate, and prosecute a variety of crimes around the world.