Tax Law Blog

Out with the old and in with the new. Each year, changes to taxes and laws go into effect on the first of the calendar year. This year is no different.

If you have a dispute with the Internal Revenue Service (IRS), the IRS Fast Track program may help you resolve your disagreement more efficiently than an appeal.

Recent arrests in a $1 billion tax crime serve as a cautionary tale for tax professionals considering the true cost of preparing and filing fraudulent tax returns.

The number one case for criminal tax fraud in 2021, as ranked by the Internal Revenue Service Criminal Investigation unit (IRS:CI), was a family affair involving federal COVID relief programs.

A bipartisan effort to require American businesses to develop anti-money laundering programs to better detect and deter dirty money from investment in the U.S. is making its way through Congress.

Crypto is on a wild ride with some speculators recently losing life savings even as others stay the course and continue to buy in. One of the parties along for the ride is the Internal Revenue Service (IRS), which scored a big win in the U.S....

The Internal Revenue Service (IRS) just wrapped up its list of the top 12 tax scams for this year.

Smishing—have you heard of it? The Internal Revenue Service (IRS) is warning tax professionals and taxpayers about a recent boost in texting scams designed to capture financial information.

The Internal Revenue Service (IRS) recently announced relief from penalties in certain cases for tax years 2019 and 2020. If you filed your return prior to September 30 of this year, you may see a failure to file (FTF) penalty removed from your...

The Senate Finance Committee recently released an investigative report that identifies a loophole allowing offshore banks to accept and hold funds for U.S. taxpayers without reporting to the IRS.