The Tax Law Blog

July 6, 2020
How Many Years Does the California Franchise Tax Board Have to Collect a Debt from a Disability Recipient?

Does Bankruptcy Clear Tax Debt in California?

Many individuals and businesses consider filing for bankruptcy to try to get back on the right financial track. This consideration often comes with many questions specific […]
July 3, 2020

Is Trade / Barter Taxable by the IRS Even if No Money Changed Hands?

When people think of reporting to the IRS, they generally think in terms of situations where money changes hands between parties, such as an employment relationship […]
July 2, 2020
San Diego Federal Tax Return Audit Attorney

Can Tax and Bank Professionals Who Aid in Setting Up Tax Shelters be Prosecuted?

Each year, the IRS conducts thousands of audits of individuals and businesses. While most of these audits end with no findings of criminal wrongdoing but additional […]
July 1, 2020
What Do the Paradise Papers Reveal About Offshore Tax Havens?

2020 Updates to the IRS OVDP (Voluntary Disclosure) Program

Each year, thousands of Americans utilize foreign bank or financial accounts and employ foreign income-generating assets. Just because these assets are in a foreign country, however, […]
June 29, 2020
Offshore Account Holders Should Consider Making a Voluntary Disclosure as Paradise Papers Are Investigated

Do You Need to File for Voluntary Disclosure if You Failed to Disclose Money Made Abroad?

NOTE: for a full understanding of this article – read the content accessible via the blue hyperlinks below. As a U.S. citizen or tax resident, you […]
June 28, 2020

Texas Tax Professional Sentenced to Prison for Overstating Business Deductions

According to a Department of Justice press release, a former tax preparer from Texas was recently sentenced to serve a significant prison sentence and pay a […]