Tax Law Blog

At some point in your life, it is possible you will have a disagreement with the Internal Revenue Service (IRS). The more complex your financial profile, the greater the likelihood that you and the IRS may not see eye-to-eye.

Like most global investment banks, Goldman Sachs would prefer not to have a guilty plea on its books—but the recent 1MDB scandal required one.

If you are tagged by the Internal Revenue Service for failure to file a tax return, or your annual FBAR, you have stepped into something that is both a noun and a verb—a tax controversy.

With a nod to the Tax Cuts and Jobs Act (TCJA), the IRS issued final regulations in October that codify the rules around tax deductions for business entertainment and meals.

The US Financial Crimes Enforcement Network recently saw more than 2,000 of its Suspicious Activity Reports (SARs) leaked to the media outlet Buzzfeed and shared with the International Consortium of Investigative Journalists (ICIJ). Tax fraud, money...

A recently proposed rule posted in the Federal Register by the Department of Labor (DOL) aims to clear some of the murkiness around who is, and who is not, an employee for purposes of the Fair Labor Standards Act (FLSA).The new rule may help...

One form of tax relief could lead to another form of tax enforcement. If you have recently received a letter from the Internal Revenue Service (IRS), it would pay not to ignore it.

Outsourcing payroll functions can save business owners and operators time and money. Using vendor expertise lets employers focus on marketing their core strengths and customer fulfillment. For some companies, it is a good deal—and sometimes it isn’t.

How troublesome is it if you fail to file your annual tax return, or your quarterly business taxes? This is not a trick question. The answer is, “it depends.”

In what is sure to be a long and winding road, the former king of Spain, Juan Carlos, has gone into exile for what appears to be concern over eventual prosecution for tax crimes.