Tax Law Blog

When a tax debt goes unpaid, the IRS imposes more than just penalties—interest begins to accrue immediately and compounds daily. This interest is not discretionary; it is mandated by law and continues until the full balance is satisfied. For...

The Internal Revenue Service (IRS) Criminal Investigation Voluntary Disclosure Practice (VDP) offers a valuable opportunity for individuals or businesses facing potential tax crime exposure to voluntarily come clean. A recent change to the program...