Tax Law Blog

If you fail to fully report your income to the Internal Revenue Service (IRS), you could be heading for tax troubles ahead.

Several European countries recently announced they will not be putting any COVID stimulus monies into the deep pockets of secrecy jurisdictions currently on the EU tax haven blacklist.

In the second largest penalty obtained by the Department of Justice, Israel’s sprawling Bank Hapoalim admitted to a systemic program whereby its officials and branches laundered money and actively helped US taxpayers set up offshore tax accounts to...

Everybody loves a good story. Here’s one: A movie producer accused of laundering $248 billion recently saw charges against him dropped—after he agreed to return $107 of his largess.

A false income tax return may mean different things to different people. How, you ask? There are different types of actions or omissions that broadly constitute tax fraud.

Recently there has been a lot of conversation about the differences between gig workers and employees. The State of California recently sued ride-hailing companies Lyft and Uber for misclassifying their drivers as independent contractors instead of...

It is not just taxpayers that are penalized for using abusive tax shelters, Wells Fargo recently lost a precedent-setting appeal to the Eighth Circuit. Essentially, Wells Fargo sought to avoid penalties levied on the company by a lower court finding.

Taylor Lohmeyer is going to have to give up the goods. Or, at least that is the latest from a federal appeals court in a matter involving the Internal Revenue Service (IRS).

While talking big and selling fake facts may not raise eyebrows today, Michael Cooper, founder of The Tax People, made big news for a short time selling tax fraud in the late 1990’s. Convicted of criminal tax fraud, Mr. Cooper went to federal prison...

Anytime is a good time for a tax scam, but fraudsters often take special advantage of periods of high economic or community instability.