December 8, 2017
Do I Need to Report Bitcoin and Other Cryptocurrency Taxable Activity to the IRS?

Do I Need to Report Bitcoin and Other Cryptocurrency Taxable Activity to the IRS?

In an increasingly digitized world, more and more of our financial transactions are carried out online, from small personal exchanges on PayPal and Venmo to multi-million-dollar […]
November 21, 2017
House Republicans Pass GOP Tax Reform Bill, Senate Vote Upcoming

House Republicans Pass GOP Tax Reform Bill, Senate Vote Upcoming

Last week, our tax law blog examined the progress of the GOP tax reform bill H.R. 1, better known as the Tax Cuts and Jobs Act, […]
November 20, 2017
Taxpayers Beware: DOJ to Continue Investigating Offshore Tax Evasion Through Swiss Bank Program

Taxpayers Beware: DOJ to Continue Investigating Offshore Tax Evasion Through Swiss Bank Program

On August 29, 2013, the Department of Justice (DOJ) introduced its “Swiss Bank Program,” which enables Swiss banks to avoid being prosecuted for helping U.S. persons […]
November 17, 2017
Former Police Officer Sentenced on Fraud and Obstruction Charges

Former Police Officer Sentenced on Fraud and Obstruction Charges

Many likely believe that police officers and other government officials are above the law. Although we can’t speak for each government employee or public servant, today’s […]
November 16, 2017
Is Acting in Good Faith a Legal Defense to Tax Evasion or Failure to File a Return?

Is Acting in Good Faith a Legal Defense to Tax Evasion or Failure to File a Return?

The Internal Revenue Service (IRS) publishes annual statistics on criminal investigations and their outcomes. These statistics indicate that, during the 2016 fiscal year alone, nearly 3,400 […]
November 15, 2017
What Changes to the Law Are Being Proposed in the Tax Cuts and Jobs Act?

What Changes to the Law Are Being Proposed in the Tax Cuts and Jobs Act?

Tax reform has long been a subject of controversy and debate in the political sphere. On November 2, 2017, House Ways and Means Committee Chairman Kevin […]