Dirty Dozen Tax Scams: Be Careful Of 'Mills' Pushing IRS Debt Solutions Included in the yearly Dirty Dozen list of…
IRS Recovers Funds From Fraudulent COVID Tax Credit Program Despite the IRS's efforts to reclaim improperly distributed funds through the…
Shocking Court Verdict Shakes Corporate America: Alabama Ruling on CTA Could Change Everything! In an unexpected and landmark decision, the…
Alabama Court Ruling On The CTA: Implications On Nationwide BOI Reporting Companies March 1, 2024, marked a pivotal moment in…
Alabama Ruling Sends Shockwaves Through U.S. Business Regulations! A recent ruling from the Alabama Federal District Court has raised significant…
Billionaires' Secret Exposed: IRS Targets Luxury Jets in New Audit Blitz! The Inflation Reduction Act was passed in 2022 and…
IRS's Game-Changing Plan To Extract $561 Billion From The Elite! On February 6, 2024, the IRS released a new analysis…
Do You Need to Include Your Company Applicant in Your BOI Report Submission? In 2021, the United States enacted the…
The Legal Implications of Submitting False Data in CTA Reports The Corporate Transparency Act, established in 2021 and implemented starting…
IRS's Bold Crackdown: Millionaires and Mega-Corporations in the Crosshairs for Tax Evasion! The IRS has been actively working to pursue…
A Guide For BOI Reporting: Who Qualifies As A Beneficial Owner Of A Business? In 2021, Congress passed the Corporate…
How to Ensure Your Business is Prepared for the Corporate Transparency Act? The Corporate Transparency Act (CTA) was enacted on…
The Corporate Transparency Act & Small Businesses: New Reporting Requirements Explained Beginning January 1, 2024, a significant update in reporting…
A Comprehensive Business Guide on the Corporate Transparency Act The Corporate Transparency Act (CTA) is set to come into effect…
IRS Sounds the Alarm: The Growing Tax Gap and Its Implications! The Internal Revenue Service has released updated tax gap…
OnlyFans Stars & Other Social Media Influencers Beware of IRS Audits & Criminal Investigations OnlyFans has gained tremendous popularity over…
Is Your Business Next? How the IRS's AI Targets Partnership Discrepancies! Earlier this month, the IRS announced that it will…
Billionaires' Worst Nightmare: IRS Unleashes AI To Track Down Mega Tax Debts Last week, the IRS announced its newest effort…
Big IRS Update: Essential E-Filing Changes Every Business Should Be Aware Of The Internal Revenue Service (IRS) has announced that…
Need a Skilled Former IRS Attorney To Handle Your Employee Retention Credit (ERC) IRS Audit? Several ERC mills have popped…
Tax Filing Gets a Digital Makeover: The Shocking IRS Update That Saves Hours! The IRS announced late last week that…
Tax Agents No Longer Come To Your Door & Here's Why Effective immediately, IRS agents will no longer be stopping…
The Secret Tax Haven That The IRS Is Trying To Crack Down On Puerto Rico, an American territory in the…
IRS Cracks Down On Tax Evaders With New Technology The latest IRS news release announced improvements, updates, and ongoing changes…
Huge Penalties For Unfiled Returns: This Is What Could Happen To You In an appeal, the Ninth Circuit court recently…
Biden's Dark Secret: IRS Email Corroborates Whistleblower's Claim Of DOJ Meddling IRS internal emails that were released last week provide…
The IRS Is Knocking: Get Ready For a Summer Of Tax Collection Notices! Automated collection notices that were temporarily stopped…
Supreme Court Reverses Second Circuit Ruling On Right To Control Theory The U.S. Supreme Court ruled last month on Ciminelli…
Supreme Court Upholds IRS Authority To Issue Summons In Specific Collection Cases Last week, the U.S. Supreme Court unanimously ruled…
IRS Loses In Tax Court Failing To Find The Primary Issue On Family Ranch’s Tax Return Most taxpayers are overwhelmed…
Understanding the Tax Division's Policy on Voluntary Self-Disclosures for Companies Last week, the Department of Justice updated their relatively new…
Proof of Work to Proof of Stake: Examining the Tax Implications of Cryptocurrency Consensus Changes The Internal Revenue Service has…
Silver Law PLC Attorney Jason Silver Retained as Expert Witness in Attorney Malpractice Case for Criminal Tax Trial Silver Law,…
Farhy v. Commissioner: Does The IRS Have Statutory Authority To Assess Section 6038(b) Penalties? This week, the U.S. Tax Court…
IRS Warns Against Tax Scams & Schemes In Dirty Dozen Campaign Each year, the Internal Revenue Service issues a “Dirty…
White House Proposes $1.6 Billion To Combat Covid Aid Fraud Last week, the White House laid out a plan to…
IRS Warns of Fraudulent Employee Retention Credit (ERC) Claims Under Criminal Investigation Last week, the IRS issued a renewed warning…
Bittner v. United States: US Supreme Court Revokes Penalty Ruling For Taxpayers With Foreign Financial Accounts Under the regulations…
What Is The New IRS Service Industry Tip Reporting Program? The Internal Revenue Service issued a notice this week…
Should Taxpayers Continue To Report All Income From Digital Assets? As the 2023 income tax return season is underway,…
When Is A Qualified Appraisal Required For A Charitable Contribution Of Cryptocurrency? Taxpayers who want to make charitable contributions…
When Is FTA Applicable In Appeal Procedures On International Penalty Cases? On December 7th of this year, the Internal…
United States vs Banks: The Impact Of Loss Calculations On Sentencing Guidelines Under U.S.S.G. § 2B1.1 A recent case in…
IRS Prepares An Increase Of Hundreds Of Crypto Criminal Tax Cases Although the Internal Revenue Service (IRS) has made no…
FTX Cryptocurrency Exchange Files For Chapter 11 Bankruptcy, Prompting Tax Confusion Cryptocurrency exchange company FTX filed for Chapter 11 bankruptcy…
IRS-CI Releases Annual Report On Conviction Rate & Tax Fraud Enforcement Actions The criminal investigation branch of the IRS, IRS-CI,…
Cryptocurrency & Tax Compliance: What You Need To Know If you are one of the nearly 25% of Americans who…
IRS Confirms That Improperly Forgiven PPP Can Be Taxed In August, the IRS Chief Counsel’s Office issued an Advice Memorandum…
Does Biden's Inflation Reduction Act Really Mean 87,000 More IRS Agents Are Coming? Professionals and taxpayers have been talking extensively…
4 Tax Schemes From The IRS's "Dirty Dozen" List That Can Get The Average Taxpayer In Serious Trouble On June…
When Does The Statute Of Limitations Begin If a Tax Return Was Not Previously Filed To an IRS Service Center?…
Aspro v. Commissioner: IRS Denies Deductions For Management Fees of C Corporation The Eighth Circuit Court of Appeals sustained a…
Supreme Court Holds IRS To Their Own Standard In April Ruling The IRS suffered a significant defeat in the U.S.…
President Biden Signs Executive Order Regarding Digital Assets On March 9, 2022, President Biden signed a broad and landmark executive…
IRS Announced Revisions & Updates To Voluntary Disclosure Practice Preclearance Request & Application Form Earlier this month, the Internal Revenue…
PPP (Payroll Protection Program) Issues: Possible Civil & Criminal Liability The fact that many businesses were impacted due to the…
IRS Continues Its Efforts To Combat Tax Fraud, COVID-19 Fraud, & Cryptocurrency Investment Schemes Combating tax fraud in its many…
Smaldino V. Commissioner: Gift Transfer Of LLC Member Interests Results In Large Tax Liability A US Tax Court decision earlier…
IRS CI Increases Enforcement Actions Focused On PPP & EIDL Fraud, Money Laundering & Cybercrimes The criminal investigation branch of…
Company Found In Contempt Of Court For Refusing Subpoena Regarding Dual-Purpose Communication Sometimes, attorneys find themselves wearing multiple hats, acting…
IRS Discusses More Extensive Oversight Of S Corporations As More Officers Underreport Compensation Arizona’s Top Tax Attorneys Explain The Treasury’s…
Ushio v. Commissioner: Taxpayers Erroneously Claim Section 1244 Stock Deduction In the recent case of Ushio v. Commissioner, a couple…
Sells v. Commissioner: Tax Deduction Leaves Unanswered Questions In Conservation Easement Case IRS Continues Tax Enforcement Efforts After Recent Conservation…
Taxpayer Fails To Meet Cohan Rule's Tax Deduction Requirements Arizona's Leading Tax Attorneys Discuss The Recent Case Of Fagenboym v.…
IRS Failure To Apply Anti-Injunction Act To CIC Services Will Lead To Tax Challenges The Implications & Importance of CIC…
IRS Announces The 2021 Dirty Dozen List Of Tax Schemes Every year, the IRS announces its list of common tax…
Growing Cryptocurrency Popularity Presents Serious Tax Evasion Threat Cryptocurrency & Tax Evasion: The Biden Administration Is Proposing Stronger Reporting Requirements…
Battat v. Commissioner: Tax Penalties Called Into Question Penalty Lacked Proper Approval: The Case Of Battat v. Commissioner Of The…
Crypto Transfers Exceeding $10,000 Required To Be Reported To IRS IRS Increases Enforcement Of Cryptocurrency Reporting The Biden Administration has…
President Biden Proposes a Substantial Increase In IRS Funding The IRS Will Increase Oversight Of High-Income & Corporate Tax Returns…
Tax Laws Prepared For Enforcement By Justice Department Tax Division The IRS Has Extended The Tax Filing & Payment Deadline…
IRS Demonstrates Hard Fork Ruling Applications to 2017 Bitcoin Hard Fork IRS Issues Guidance On The Tax Treatment of Bitcoin…
IRS Advises Predatory Micro-Captive Insurance Participants To Leave Arrangements The IRS Continues Its Efforts To Root Out Tax Evasion &…
Court Allows IRS To Serve Summons To John Doe For Cryptocurrency Usage Taxpayers Have To Pay The Appropriate Taxes On…
CARES Act 1-Year Anniversary Continues With IRS Criminal Investigation Into COVID-19 Fraud CARES Act Fraud: IRS-CI Encourages To Report COVID-19…
Appeals Court Upholds Penalty For Taxpayer That Hid Offshore Account Arizona's Leading Tax Lawyers Discuss The Case Of a Taxpayer…
Tax Court Throws Out Fraud Penalty Because IRS Agent Did Not Obtain Proper Management Approval Former IRS Tax Attorneys Discuss…
IRS Wants Businesses To E-File When Reporting Large Cash Transactions IRS Reporting Requirements: Business Cash Transactions Over $10,000 Must Be…
Business Deduction Restrictions For Licensed Marijuana Dispensaries Upheld By Tax Court Experienced IRS Tax Attorneys Discuss Tax Deduction Restrictions On…
Tax Court Continues To Disallow Tax Deductions For Marijuana Businesses Expert IRS Tax Attorneys Discuss Tax Court Decisions on Medical…
Court Finds Penalized FBAR Tax Filings Not Excessive Expert Scottsdale Tax Lawyers Discuss The Case Of a Penalized Taxpayer For…
Arizona Department of Revenue Issues New Adult Use Marijuana Website Tax Lawyers Discuss AZDOR’s New Tax Assistance Website For Marijuana…
Underreported Incomes and Unfiled Returns Yield Billions in Unpaid Taxes Gilbert’s Tax Attorneys Go in Detail About the Form 1099-K…
Learn Everything About FinCEN’s New Regulation On Crypto & Virtual Currency Scottsdale’s Preeminent Tax Attorneys Examine FinCEN’s Laws On FBAR…
Sabolic Petitioner vs. CIR: Tip Earnings under Scrutiny As our Nevada tax lawyers have experienced for many years, people who…
Coffey vs. CIR: Tax Filing With the Virgin Islands A Statute Of Limitations Begins When The Taxpayer Files The Return…
IRS to Target Tax Preparers Who’ve Failed to File their Own Returns Our Tax Attorneys Explain The New Strategy IRS…
Corporations Penalized for Failing to Pay Taxes on Time Companies Must Prove Lack Of Tax Payments Is Not Due To…
IRS Expansion Raises Concerns of Politicized Tax Agency Tax Attorneys Discuss Possible Link Between The IRS And Political Agendas Some…
How is the IRS Prioritizing High-Income Non-Filers? The COVID-19 pandemic has left many struggling to make ends meet or to…
Criminal Investigation from IRS Reveals $2.3 Billion in Tax Fraud The Internal Revenue Service this week released the annual report…
Oropeza v. Commissioner: Tax Court Decision, 155 T.C. No. 9 (2020) A tax court issued an opinion in October in…
IRS Offers Assurances of Deductibles for Partnerships & S Corporations In advance of proposed regulations surrounding income tax deductions for…
Oct. 15 Filing Deadline: IRS Increases Abusive Micro-Captive Insurance Schemes Regulations The IRS has set a deadline of Oct. 15…
IRS Launches Marijuana Industry Webpage on IRS.gov Marijuana continues to be a federally illegal substance even though most states across…
IRS Warns of Higher Penalties for Tax Returns Filed after Sept. 14 This year, tax season may have seemed a…
Fighting Illicit Activities through Cash Transaction Reporting A lot of criminals deal in cash in order to avoid detection by…
12 Threatening Tax Scams the IRS Urges Consumers to Watch Out For Tax scams are common. Everyone has to pay…
Is an Amended Tax Return Right for Your Client? It’s easy enough for taxpayers to file an amended return using…
File Your Taxes Now, Before It’s Too Late The coronavirus has upended the lives of many. Some have gotten seriously…
District Court Rules FBAR Penalty Doesn’t Apply to Number of Accounts Tax cases can make it to higher courts on…
Excessive Fines Clause in Eighth Amendment Not Breached with $12.9 Million FBAR Penalty If you invest your money in other…
Paycheck Protection Program Loans: Expenses Paid are Not Deductible Many businesses have had to close or move their operations online…
IRS Announces Focus on Non-Filing Taxpayers, to Step Up Enforcement Efforts The IRS is using more tools at its disposal…
IRS Announces It Will Pay More Visits to High-Income Taxpayers It’s common knowledge that high-income earners and business owners often…
IRS Cracks Down on Abusive Micro-Captive Transactions For a long time, the IRS has been fighting the abuse of micro-captive…
IRS Implements Tax Compliance Education The IRS utilizes a number of strategies to ensure that individuals and businesses pay the…
Trump’s SECURE Act: How It’s Changing Retirement Just ahead of the holidays, President Trump signed the SECURE Act into law…
2019 Tax Penalties and How to Avoid Them When you think of tax penalties, you may think only of the…
IRS Releases 2019 Report of Criminal Enforcement, Celebrates 100 Years of Investigations Every year, the Internal Revenue Service publishes a…
Tax Court Denies Marijuana Dispensary's Deductions and Rules that Section 280E is Not a Penalty Provision; Dissenting Opinion Finds that…
IRS Guidance on Tax Treatment for Virtual Currency Virtual currency is still currency in the eyes of the law. Why…
New Tax Gap Estimates from IRS: Compliance Rates Remain Unchanged Every few years, the Internal Revenue Service looks at the…
IRS Settlement: Micro-Captive Insurance Schemes Companies often form what are known as “captive insurance companies” to protect themselves against loss.…
IRS Proclaims New Tax Filing Obligations for Specific Expatriated Individuals Just because you give up your U.S. citizenship doesn’t mean…
IRS Lead Development Center and Devious Tax Schemes Taxes are big money. That’s why you have so many people out…
2017 Las Vegas Tip Income Audits The IRS recently began tip income audits of Las Vegas nightclub and entertainment venue…
Provisions of Taxpayer First Act Go into Effect Earlier this summer, President Trump signed into law the Taxpayer First Act…
Taxpayer Advocate Service Issues Report on Tax Credit, Creates Map of Taxpayers The Taxpayer Advocate Service (TAS) issued a report…
IRS Sending Letters to Cryptocurrency Owners about Unpaid Taxes If you buy and sell stocks, you likely know that you…
New Tax Law Aims to Improve Customer Service President Trump signed a new law in July known as the “Taxpayer…
Got an IRS Notice? Don’t Panic Opening your mailbox and finding anything marked from the IRS can fill you with…
IRS Bars State SALT Cap Workarounds The IRS rewards people who give money to charities, to a certain extent. It…
LAS VEGAS TIP AGREEMENTS AND THE RISK OF OPTING OUT Many Las Vegas residents are nightclub, casino, or restaurant employees,…
Taxing Money from Trips and the Penalty Issue When people travel for business within the United States and outside of…
U.S. Tax Court Issues Opinion on Filing False Returns Falsifying a tax return can lead to big penalties. Not only…
Nevada IRS Office Locations and Appointment Scheduling Tips If you have received a letter from the IRS notifying you that…
United States Tax Court Issues Opinion Denying Business Expense Deductions and COGS for a California Marijuana Dispensary On December 20,…
United States Tax Court Issues Opinion on Accuracy-Related Penalties for Marijuana Businesses On November 29, 2018, The United States Tax…
United States Tax Court Issues Opinion Updating Case Law for State Sanctioned Marijuana Businesses On November 29, 2018, The United…
IRS Changes to Voluntary Disclosure Procedures Individuals and corporations alike have long conducted business or invested their money overseas as…
Tax Penalties and Why You Should Pay on Time No one likes paying their taxes – well, you’d be hard…
3 Ways to Find Out What the IRS Has on You You should file a tax return every year that…
Negotiating Payment Plans with the IRS A lot of people look forward to a nice tax refund at the end…
When is a Penalty Really a Penalty? Section 72(t)(1): Is it a Tax or a Penalty? Under Internal Revenue Code…
When Does Tax Litigation Require the Assistance of a Business Firm? Much like doctors, lawyers often specialize in different fields.…
How Bankruptcy Affects Tax Liens and Repayment Schedules Taxes take a huge chunk out of our incomes. Some of us…
United States Tax Court Hands IRS Another Win Against Risk-Pooled Small Captives On June 18, 2018, the United States Tax…
Tenth Circuit Upholds IRS’ Application of Section 280E Denying Business Expense Deductions to Medical Marijuana Dispensaries and References Sessions Memo,…
When You Need a Tax Litigation Firm Instead of a Commercial Litigation Firm Running a business brings with it a…
United States Supreme Court Issues Opinion Expanding the Reach of States to Collect Sales Tax from Online Retailers Americans love…
US Tax Court Issues Opinion on the Deductibility of Business Expenses for a Colorado Medical Marijuana Dispensary Thirty states and…
Bipartisan Changes Slated to Redesign IRS Big changes could be in store for the IRS if a legislative package that…
Passport Actions Under Section 7345 The Internal Revenue Service issued new guidance for handling passport actions related to tax debts…
IRS Announced End to Offshore Voluntary Disclosure Program in September 2018 Taxpayers with undisclosed foreign earnings or assets will soon…
Nevada Marijuana Businesses and Federal Income Tax Challenges Regarding Business Expense Deductions In 2001, the Nevada Legislature decriminalized the sale…
IRS’s Gaming Industry Tip Compliance Program Las Vegas is an international, first-class, tourist destination. As the city has matured, Las…
IRS Posts Notice on Foreign Tax Guidelines, Says It Plans to Release More Information A lot changed with the Trump…
The Banking, Cash, and Tax Challenges Confronting Nevada Marijuana Businesses Nevada voters approved “recreational” marijuana in the fall of 2016…
IRS Urges Travelers Requiring Passports to Pay their Back Taxes or Enter into Payment Agreements If You Plan to Travel…
New Tax Law Regarding Spousal Maintenance Trump’s new tax plan has made big changes for people across the political and…
How to Report Gains and Losses on Bitcoin and Other Cryptocurrency Bitcoin is no longer the theoretical money of the…
What Will the IRS Do to Enforce Collection? You can’t ignore a bill from the IRS the way you might…
5 Milestones on the Way to Tax Reform President Trump has promised major tax reform since before he was even…
How Trumps New Tax Plan Will Affect You Donald Trump promised big tax reform when he was on the campaign…
Obtaining an Installment Payment Agreement When You Owe Taxes to the State of Nevada Although Nevada taxpayers can breathe a…
Lessons to Learn from Professional Athletes’ Tax Troubles Professional athletes and income tax troubles: in recent years, the two have…
Arizona and the IRS Contracting Debt Collection Companies You can’t always pay your tax bill on time. Sometimes, you end…
What to Do if Your Tax Return Seems Wrong You file your taxes and send off a small check for…
Codes of Conduct for Tax Professionals Tax professionals are bound by a code of ethics and laws governing their practice.…
What is Being Done to Reform the U.S. Tax Code? With the election of a new president, there has been…
IRS Resources for Phoenix Businesses and Residents Understanding your tax obligations can be confusing. The tax code is enormous and…
Will President Trump Put an End to Offshore Tax Havens? During the presidential primaries last year, both Democratic hopeful Bernie…
Understanding the Different Notices from the IRS It’s the thing that no one wants to see when they open the…
Changes in Tax Law Coming in 2017 Donald Trump has already made some big changes in the few weeks that…
Top 5 Resources for Tax Knowledge Unless you’re a CPA or a tax lawyer in Paradise Valley, you’re probably just…
How the Repeal of Obamacare Will Affect Taxation Now that the Electoral College has confirmed Donald Trump as our next…
Alternative Currency, The Dark Web, Bitcoin, Death, and Taxes As the era of technology is constantly changing to fit the…
What Changes in Tax Law Might We See Under President Trump? Any time a new president is elected, there is…
IRS Releases New ACA Reporting Forms The year is closing in on us quickly, and before you know it, it…
How to Protect Yourself When the IRS Files a Lien against You Failing to pay your tax bill can lead…
Department of Labor’s New Final Overtime Rule If you have a salaried position, you well know that you can work…
What are IRS Whistleblowers? You may have seen a movie or two where a “whistleblower” was at the core of…
What is the Statute of Limitations in Federal Tax Cases? You know that you need to hang onto copies of…
How to Pay Taxes on Unsourceable Income When you collect your paycheck, you know that Uncle Sam has a hand…
Rules of Conduct for IRS Auditors Being audited by the IRS is one of the most terrifying experiences that many…
When Can Overdue Corporate Taxes Lead to Personal Liability? Corporations are obligated to pay a number of taxes, including payroll…
Is My Offshore Tax Haven Illegal? We hear a lot about offshore accounts thanks to news stories about unethical politicians…
IRS Launches More Rigorous e-Authentication Process Identity theft is a growing threat in our increasingly connected society. While the Internet…
Criminal Tax Evasion vs. Negligence Ignorance of the law is not a defense of the law. But ignorance of the…
Section 530 Relief in Employment Tax Cases with the IRS As a business owner, you have to manage a lot…
The Insider's Guide to the Panama Papers These days, there always seems to be some kind of leak that sheds…
Arizona Legislature Introduces New Tax Amnesty Program Bad things happen to the best of us. We come up short one…
The Latest Government Efforts to Undermine Tax Evasion, Money Laundering and Corruption Tax evasion doesn't just cost the government --…
What is the Cohan Rule? You will pay a lot of money to run your business, including basic overhead like…
Are IRS Budget Cuts Decreasing Your Odds of Being Audited? Few things are as scary to many people as the…
How to Contest an IRS Tax Bill Successfully Getting a notice from the IRS can be intimidating. You may receive…
The Most Important Tax Filing Changes You Need to be Aware of Right Now Every year, changes are made to…
Avoiding Innocent Spouse Relief from the Start When you are married, you share everything. You share all the money you…
Your Rights as a Taxpayer: The Arizona Taxpayer's Bill of Rights When most people think of taxes, they think about…
How Does America Stack Up against Other Countries? When new social programs are discussed, such as free health care or…
Make Your Phoenix Tax Audit Fast and Painless with These Great Tips Everyone dreads the idea of getting an IRS…
Taxes and Your Fountain Hills Pension Payout Retirement is a double-edged sword. On the one hand, you can look forward…
How Omissions on Your Paradise Valley Tax Return Can Have the IRS Audit You for Years to Come An IRS…
These Tax Breaks May Have You Heading Straight for an Audit Audits don't just happen to those who are trying…
Can Delinquent Taxes Keep You from Obtaining or Retaining a Passport? Can Delinquent Taxes Keep You from Obtaining or Retaining…
Strategies to Minimize the Risk of an Arizona Income Tax Audit Strategies to Minimize the Risk of an Arizona Income…
Are Arizona Taxes "Fair?" Are Arizona Taxes "Fair?" Here's some information about how Arizona compares to other states in terms…
Where Does My Phoenix Tax Money Go? Where Do Phoenix Tax Dollars Go??! Here's some interesting information on how those…
How Silver Law Can Help Represent You in Phoenix Criminal and Civil Tax Litigation How Silver Law Can Help Represent…
