Tax Law Blog

In hot water for its money laundering activities, credit-card company Capital One fessed up and will pay for its lack of guardrails around suspicious financial transactions.

The Internal Revenue Service (IRS) reports a big jump in the number of people filing individual tax returns.

If your business is struggling with overwhelming debt, options are needed. Different options apply in different circumstances. For some, an offer in compromise (OIC) could have value.

It was an interesting scheme but will ultimately cost a New Jersey man six years of his life behind bars.

For businesses faced with tough economic conditions and mounting debt, bankruptcy may be an option.

If you receive a letter from the IRS, there is a decent chance it is a “soft  letter.” What exactly is that supposed to mean and what should you do about it?

The road toward a golden passport to the EU just got a little bumpier.

While it seems like 2020 has been one long disaster, the Internal Revenue Service (IRS) stepped up to offer some filing relief for those who are required to file a 2019 Report of Foreign Bank and Financial Accounts (FBAR) who have been hit...

If you have a choice between retaining legal counsel or taking on the IRS by yourself, what is your best option?

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.