Tax Law Blog

In hot water for its money laundering activities, credit-card company Capital One fessed up and will pay for its lack of guardrails around suspicious financial transactions.

Ready or not, a new tax season is upon us.

The Internal Revenue Service (IRS) reports a big jump in the number of people filing individual tax returns.

Even when aggravated, treat others with respect—especially if it is the Internal Revenue Service (IRS). Those who do not may end up with a special designation with the IRS—a Potentially Dangerous Taxpayer (PDT).

A bankruptcy filing under Chapter 7 of the US Bankruptcy Code could help you wind down your business and discharge certain types of unmanageable debt.

While it sounds counter-intuitive, bankruptcy can save your business.

Not likely but true—the National Rifle Association (NRA) reported the tax fraud of its own executive board.

Analysis from across the board finds that defunding the Internal Revenue Service (IRS) impacts compliance. In turn, tax fraud increases and the tax gap does, too. Do you care?

Sometimes, tax fraud takes the form of schemes and scams that take advantage of taxpayer funded programs like Medicaid.

The rosy business prospects of January 2020 gave way to the kind of business devastation that most people have never seen. For business owners, hard times have made for hard choices.