Tax Law Blog

Avoid an IRS audit by knowing what you can–and cannot—deduct this year. The Domestic Production Activities Deduction (DPAD) is likely not a good candidate.

As a business owner, it is easy to slip into questionable business practices. When it becomes a slide, it is important to know what can happen—and where to get help.

The Internal Revenue Service (IRS) plans to boost the number of small business audits it performs in 2021.

Eager to avoid a tax controversy? Let’s talk about how to steer clear of filing a false tax return or one that is likely to attract the attention of the algorithms or personnel employed by the Internal Revenue Service (IRS).

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?