Tax Law Blog

If you are tapped for an Internal Revenue Service (IRS) civil audit, your mind may suddenly lurch to the ten boxes of documents you shredded while cleaning house during the pandemic lockdown. Barring that, if you do draw the interest of the Internal...

For some, the temptation to file a false tax return is too great to resist. After that, tax evasion can snowball. For one taxpayer, who was also employed by the IRS, the outcome could be prison.

Employee classification is a hot button with the Internal Revenue Service (IRS). If you are aware of some classification misalignments in your company, the IRS Voluntary Classification Settlement Program (VCSP) could be the program you have been...

Business owners in Ohio are steamed over several proposals associated with President Biden’s reconciliation bill and they are letting Washington know about it.

Cryptocurrency continues to gain ground and is not going away. New legislation would close profitable loopholes for crypto users, and the IRS is signaling measures that impact transactions involving some cryptocurrencies.

Offshore tax havens project the allure of anonymity, exotic locales, and money—lots and lots of money. The real-time picture is different and draws its lines between those seeking a solid investment process and economy-trashing tax evasion.

Have you heard? A trove of financial data on the offshore banking habits of the ultra-wealthy from around the world was leaked (again). The intrigue includes trillions of dollars, 330 politicians from approximately 100 countries, 35 current and...

Compliance is important for realizing the full benefits of offshore investment.Let’s take a look at some relatively easy ways to stay on the right side of the law when considering or maintaining foreign bank accounts or holdings.

Despite those who wish otherwise, the Internal Revenue Service (IRS) rarely forgets a debt, regardless of celebrity or political profile.

JP Morgan Chase is a far-flung banking colossus that offers a wide range of banking and financial services—and just cannot seem to stay out of regulatory hot water.