Tax Law Blog

While the name is pretty vanilla, a “John Doe” summons is an important tool when the Internal Revenue Service (IRS) is looking for taxpayers who may be involved in tax evasion.

A well-structured offshore trust can protect assets, grow wealth, and avoid unnecessary taxes. If you are considering an offshore tax haven, it is important to understand the issues involved with moving assets offshore.

Globally and at home, money laundering is illegal, highly profitable—and a big problem.

In late December, a federal court judge authorized a summons from the Internal Revenue Service (IRS) requiring businesses associated with Trident Trust Group to produce information regarding foreign bank accounts and offshore tax havens used by U.S....

For years, the European Union (EU) and the Organization for Economic Co-operation and Development (OECD) have been working toward a global minimum tax to stem the loss of offshore tax dollars related to multinational enterprise (MNE). The U.S. has...

The Internal Revenue Service (IRS) is offering a combination of services and guidance to help taxpayers avoid costly scams and schemes this tax filing season.

You want to avoid paying more tax than you need to—but—you do not want to commit tax fraud. It's important to understand where the line is drawn between these two approaches. What is the difference between tax evasion and tax avoidance?

A newly released report from the Tax Justice Network underscores the stubborn, persistent loss of billions of dollars to offshore tax abuse and the resistance of leading countries to contribute to a solution to the problem.

Most companies offer basic benefits to their employees. Whether it's health insurance or wellness and retirement programs, business owners have a choice of what they want to provide and how much they want to pay for the perk.

Around and around it goes. A Florida financial advisor rolled the dice on fraudulent tax shelters, filing false income tax returns, and money laundering—and he appears to be heading for a reckoning.