Tax Law Blog

During tax season, FBAR and FATCA reporting impacts US persons who have foreign bank accounts or offshore tax holdings. So, what does that mean?

Pakistan remains on the grey list of the Financial Action Task Force (FATF). What is the “grey list” and why does it matter?

Coordinated legal action and lender approval helped a North Carolina-based department store exit Chapter 11 bankruptcy in one day.

Tax fraud involving fraudulent tax returns takes down another tax preparer—this time an examiner for the IRS.

You have heard it before. Since it is tax time, you’ll hear it again. Choose your tax preparer wisely.

Avoid an IRS audit by knowing what you can–and cannot—deduct this year. The Domestic Production Activities Deduction (DPAD) is likely not a good candidate.

Two 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.”

In the waning days of the Trump administration, a federal prosecutor laid charges against an MIT professor as the parting salvo in the China Initiative, a program targeting the secret drain of proprietary secrets from the US to China.

Eager to avoid a tax controversy? Let’s talk about how to steer clear of filing a false tax return or one that is likely to attract the attention of the algorithms or personnel employed by the Internal Revenue Service (IRS).

The incoming administration may pursue taxes differently than the previous administration.