Tax Law Blog

Following a full week of trial, a Dutch tax advisor pled guilty to one count of aiding the filing of a false income tax return for celebrity clients who were U.S. taxpayers, but earned income around the world.

If you owe tax to the Internal Revenue Service (IRS) and do not plan to pay right away, the amount you owe could quickly increase with added interest and penalties.

The Internal Revenue Service (IRS) is empowered to collect duly owed taxes from U.S. persons. As most know, the IRS readily applies penalties on taxes that are not paid properly. Taking a deeper look into IRS penalties may help you avoid them in the...

Tax debt that is ignored does not go away. Knowing what to do when the Internal Revenue Service (IRS) reaches out about your personal or professional tax liability is important.

The budget increase provided by the Inflation Reduction Act (IRA) to the Internal Revenue Service (IRS) continues to pay off. IRS Commissioner Danny Werfel and Treasury Secretary Janet Yellen recently provided an update on ongoing collection and...

There is an expectation by the Internal Revenue Service (IRS) that U.S. persons are aware that their income is taxed on a global basis—although the U.S. is one of very few countries that do so. Failure to file required reporting on assets outside of...

The application period for the Compliance Assurance Process (CAP) program is now open—how can it assist your company?

The Internal Revenue Service (IRS) investigation into tax crime around the pandemic-era Employee Retention Credit program is in high gear and looking into fraudulent claims. Processing of legitimate ERC remains ongoing at a slow pace.

Each year, the Internal Revenue Service (IRS) compiles a list of prominent tax schemes that scammers use to exploit individuals and businesses. These schemes can arrive through email, text messages, and even traditional mail. This year, the IRS has...

If you have a foreign bank account, hold assets or have an interest in an offshore tax account, you are required to file a Report of Foreign Bank and Financial Accounts (FBAR). If you failed to file in the last year, the Internal Revenue Service...