Tax Law Blog

After years of speculation, a Spanish judge recently authorized a trial on charges of tax fraud against pop singer Shakira.

The Internal Revenue Service (IRS) recently announced relief from penalties in certain cases for tax years 2019 and 2020. If you filed your return prior to September 30 of this year, you may see a failure to file (FTF) penalty removed from your...

The Internal Revenue Service continues to drive home the message about the danger of tax-related identity theft.

The Senate Finance Committee recently released an investigative report that identifies a loophole allowing offshore banks to accept and hold funds for U.S. taxpayers without reporting to the IRS.

The Inflation Reduction Act recently signed into law provides a major budget boost to the Internal Revenue Service (IRS).

If you are new to this space, we are counting down the Top Ten Criminal Tax Fraud Cases for 2021 as identified by the Internal Revenue Service (IRS). We are up to number four, a case about a con man who created a faith-based scam that bilked...

In early June, the Internal Revenue Service (IRS) mistakenly sent notices to millions of couples who filed jointly letting them know their taxes were overdue.

If you make an error on your personal return or become aware there is an error on your business tax return, there are options for correcting your return.

An online Puerto Rican bank owned by an American investor has reached a settlement to liquidate the bank after a J5 investigation into tax evasion led to its suspension.

The Report of Foreign Bank and Financial Accounts (FBAR) is filed annually. While the FBAR was due on April 15, it is not filed as part of a personal income tax return. For those filing late, the Internal Revenue Service offers an automatic...