If you receive a letter from the IRS notifying you of an audit, you may not be too worried. If you did a good job on your taxes and have a pretty good idea of your reporting, there is not an enormous reason to sweat. If you know there is potential...

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If you work remotely in New Jersey for a New York employer, you can avoid the hassles of commuting and possibly congestion pricing if it is ever enacted. But you are probably still paying personal income tax to New York.

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The downward spiral of a business owner or company can be triggered by a simple letter from the Internal Revenue Service (IRS) announcing a civil tax audit.

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Tax evasion is illegal, but tax avoidance is not. If you own a small business, there are a host of deductions that might work for you in reducing your tax bill.

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A federal judge in Alabama ruled in favor of the National Small Business Association in finding that the requirements of the Corporate Transparency Act (CTA) constitute congressional overreach.

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A large Italian grocery chain and its directors are under investigation for fraud and an employment tax dispute.

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Criminal intent takes many forms on the internet. Our #7 entry on the IRS:CI top ten crimes prosecuted in 2023 is a defendant who made his living on the Silk Road.

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In a recent statement to the House Committee on Financial Services, the Director of FinCen explained its mission and purpose in enacting the Corporate Transparency Act (CTA) which became effective at the first of this year.

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An increased IRS budget and a court ruling against the agency are of interest to those who file a report of Foreign Bank and Financial Accounts (FBAR).

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Each year, the National Taxpayer Advocate delivers an annual report to Congress. This year, the report includes 66 recommendations aimed at improving services to taxpayers, boosting taxpayer rights, and helping the IRS do its job better.

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