Tax Law Blog

The mail today included a letter from the Internal Revenue Service (IRS) informing you that you were selected for an audit. What now?

Taking a new turn on an old scandal, Swiss regulators filed money laundering charges against Credit Suisse, its owner the Union Bank of Switzerland (UBS) and an unnamed employee.

A recent Internal Revenue Service (IRS) Criminal Investigation reflects the ease of employer tax crime and the serious consequences they create for both employees and business owners.

Act 60 is a framework to attract investment and business to Puerto Rico by providing lucrative tax breaks. The initiative has gained a lot of attention, more recently from the Internal Revenue Service (IRS).

As the fourth quarter of 2025 wanes, it is worthwhile to maintain focus on documentation needed for the upcoming tax season, such as receipts.

Rare as it may seem, a bipartisan group of legislators has agreed to introduce legislation that would require those who deal in the sale of art to operate under the Bank Secrecy Act (BSA).

The Internal Revenue Service (IRS) Security Summit occurred again this year, providing updates, tips, and regulatory reminders to tax professionals and other attendees.

If you have engaged in tax evasion or other willful noncompliance, the IRS Criminal Investigation Voluntary Disclosure Practice (IRS-CI VDP) may provide a narrow window to mitigate the consequences. The program offers taxpayers an opportunity to...

Sworn in following confirmation by the Senate in early June, Billy Long is the 51st Commissioner of the Internal Revenue Service (IRS).

For most mistakes, minor infractions, or errors, the Internal Revenue Service (IRS) will assess a penalty with interest. If the IRS believes a tax crime was committed, the outcome could be different.