A year into the pandemic, bankruptcy remains an important option for business owners and operators.
Read MoreIt takes a lot of tax fraud to make the top five list of IRS criminal tax investigations. The IRS Criminal Investigation Division (IRS-CI) mulled through its many prosecutions and came up with five noteworthy criminal tax matters of the 2020...
Read MoreThe Queen of Soul left no will—or did she? One way or the other the Tax Man cometh.
Read MoreThe Internal Revenue Service is perennially concerned with employment taxes. There are a myriad of ways a payroll tax issue can quickly turn into tax fraud.
Read MoreThe Joint Chiefs of Global Tax Enforcement (J5) recently completed a new Challenge event—taking a close look at developing financial technology companies (FINtech) that offer financial services outside mainstream regulatory channels.
Read MoreIt's tax season, and that means there are a lot of documents to prepare. The deadline extension to May 17, 2021, is helpful, but it's still a stressful time. A lot of that stress comes from waiting until the last minute--to start working on it or to...
Read MoreDuring tax season, FBAR and FATCA reporting impacts US persons who have foreign bank accounts or offshore tax holdings. So, what does that mean?
Read MorePakistan remains on the grey list of the Financial Action Task Force (FATF). What is the “grey list” and why does it matter?
Read MoreCoordinated legal action and lender approval helped a North Carolina-based department store exit Chapter 11 bankruptcy in one day.
Read MoreTax fraud involving fraudulent tax returns takes down another tax preparer—this time an examiner for the IRS.
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