In April, the Tax Court ruled in favor of the taxpayer in Farhy vs. Commissioner of Internal Revenue. The findings of the court will be challenged as the IRS recently appealed the case.

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The long arm of the Internal Revenue Service (IRS) tagged a Dutch tax professional in Italy for return to the U.S. to face charges of tax fraud involving high-net-worth celebrities.

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While it sounds odd, agents of the Internal Revenue Service (IRS) sometimes assess tax penalties before checking with their supervisor first. The Taxpayer Advocate recently commented on the issue.

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Somewhere between California and Utah, the Internal Revenue Service (IRS) misplaced millions of business and individual tax records. It is not clear whether the records were stolen, misplaced, or just lost.

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The Internal Revenue Service (IRS) Security Summit wrapped up the latest information series aimed at protecting taxpayers, businesses, and tax professionals from tax fraud and identity theft.

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Employers in Ohio and across the U.S. are obligated to collect, report, remit, and document taxes withheld from employees that are paid over to state coffers and the U.S. Treasury. Failure of that duty can lead to personal liability for business...

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While there are numerous legal ways to minimize an income tax burden, falsifying returns and committing fraud to try to get out of paying what is lawfully owed will get you into trouble with the IRS, as one Michigan man recently found out.

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There are a number of celebrities in the U.S. who have paid the price for tax evasion and tax fraud, including Martha Stewart, Willie Nelson, Alex Baldwin, and Nicolas Cage (with Hunter Biden’s eventual fate still in the offing). It seems that the...

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Once again, Deutsch Bank finds itself in the U.S. Federal Reserve’s gunsights for its failure to fix its anti-money laundering (AML) practices. This time, it is costing them $186M.

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The Internal Revenue Service (IRS) reserves its Top Ten Tax Fraud list for notable schemes prosecuted in the past year. Number five is on the list likely for its national scale and sheer audacity.

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