Tax Law Blog

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.

If you have a foreign bank account, hopefully you have heard about FATCA. FATCA enables the long arm of the US Treasury to require foreign entities to report offshore tax monies and assets held by US taxpayers to that agency.

In response to the COVID-19 crises, the recently passed Coronavirus Aid, Relief, and Economic Security (CARES) Act gives business owners and individual taxpayers some relief from the sudden shock of a stalled economy. In addition to understanding...

Indicting two Chinese nationals, the Department of Justice (DOJ) pulled back the curtain around ongoing North Korean efforts to subvert sanctions and fund missile programs through massive tax crimes involving stolen cryptocurrency.

Whether as employee or employer, taxes are a permanent workforce expectation.  Here is the lowdown on the types of schemes the Internal Revenue Service (IRS) regards when initiating a civil tax audit or criminal tax investigation.

What started as a fight against extradition to the US turned into formal charges of tax fraud for a Russian banker—even as he fights to regain his health.