The Tax Law Blog

January 27, 2020

Do Not Let Downtick in IRS Audits Fool You, Increased Enforcement May Be Around the Corner

Recently released numbers relating to audits by the IRS in 2019 have some taxpayers feeling a false sense of security about their own audit risk. But […]
January 26, 2020

Swiss Bank Enters Into Amended Non-Prosecution Agreement With DOJ, Pays Additional $14 Million Fine

According to a Department of Justice press release, Union Bancaire Privée, UBP SA (UBP), a Geneva, Switzerland-based bank recently entered into an amended non-prosecution agreement with […]
January 25, 2020

St. Louis Man Sentenced to Prison in Tax Fraud Scheme

According to a Department of Justice press release, Babatunde Olusegun Taiwo, a resident of St. Louis, Missouri, was sentenced to serve four years in a federal […]
January 24, 2020

The Creation of the Gig Economy Tax Center Signals IRS Focus on Gig Economy Tax Compliance

An increasing number of workers are embracing the “gig economy” and working for themselves through services like Lyft, Uber, and Airbnb. Setting aside the effects the […]
January 23, 2020

California Business Owner Vindicated by Office of Tax Appeals Over Sales Tax Liability

When a business sells products that are subject to sales tax in California, we typically associate the tax liability with the business, itself. But when the […]
January 22, 2020

IRS Cautions Small Business Owners to Watch Out for Tax Identity Theft

In the hectic year-end rush between Thanksgiving and Christmas, it’s easy to lose track of a far less exciting “holiday”: National Tax Security Awareness Week (December […]