Tax Law Blog

Some business owners may think it’s okay to skim some of their income from off the top, and then come tax time, move funds around. It’s their money, right? However, they typically discover it was not a wise decision because it often results in a...

A tip concerning tax fraud or a tax crime to the Internal Revenue Service (IRS) can pay dividends to whistleblowers. How does that work?

When the Internal Revenue Service (IRS) is interested in your business, the result could be a civil tax audit.

A new EU committee aims to address tax fraud and evasion, but in terms of the primary global problem of money laundering? Not so much.

An official of an international money laundering watchdog says efforts to reduce tax crime and regulate offshore tax behavior remains an uphill battle.

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.