Tax Blog and News

Internal Revenue Service (IRS) News

• David J. Warner to Speak at Loyola Law School MCLE Day Regarding Strategies to Handle an IRS Audit
• The New Form W-4: What Does it Mean for Employers?
• The IRS is Cracking Down on Employment Tax Compliance Violations
• Employers Beware: IRS Planning Major Overhaul of Form W-4
• Israeli Bank Mizrahi-Tefahot Admits to Helping US Taxpayers Conceal Income and Assets; Agrees to Pay $195 Million to U.S.
• California is Targeting In-State and Out-of State Retailers for Use and District Taxes: Only $100,000 of Sales or Only 200 Sales Transactions Will Make You Liable.
• Electronically File a Return Late and Owe the IRS a Late-File Penalty?
• IRS is Treating Employment Tax Debts as Little as $68,000 as a Crime
• Understanding Federal Tax Lien and How to Get Rid of It
• IRS is Prosecuting Ordinary Employment Tax Debt as a Crime

Foreign Bank Accounts and Offshore Tax Compliance News

• Israeli Bank Mizrahi-Tefahot Admits to Helping US Taxpayers Conceal Income and Assets; Agrees to Pay $195 Million to U.S.
• David J. Warner to Speak at the USC Gould School of Law 2019 Tax Institute
• Tax Practitioner Alert: The IRS Is Assessing Excessive Foreign Bank Account Report (FBAR) Penalties
• Tax Professionals Be Aware: The Rules for Claiming a Refund of Foreign Bank Account Report (FBAR) Penalties May Have Just Changed
• Taxpayers Can Still Make Voluntary Disclosures for Offshore Accounts
• Think the Criminal Statute of Limitations for Failure to Report Foreign Bank Accounts Has Expired? Think Again.
• Tax Crime Does Not Pay — Says Department of Justice
• IRS Offshore Voluntary Disclosure Program to End Soon
• Tax Court Rules for Taxpayer on Statute of Limitations Issue Related to Foreign Assets Reporting
• Southern California Residents Sentenced to Prison for Hiding Millions of Dollars in Secret Foreign Bank Accounts

IRS Tax Collection News

• The New Form W-4: What Does it Mean for Employers?
• California is Targeting In-State and Out-of State Retailers for Use and District Taxes: Only $100,000 of Sales or Only 200 Sales Transactions Will Make You Liable.
• Electronically File a Return Late and Owe the IRS a Late-File Penalty?
• IRS is Treating Employment Tax Debts as Little as $68,000 as a Crime
• Understanding Federal Tax Lien and How to Get Rid of It
• IRS is Prosecuting Ordinary Employment Tax Debt as a Crime
• California Out-of-State Sales Tax Audit Alert! Out-of-State Audits are Happening Now: What should you do?
• Federal Income Tax Penalty Abatement
• IRS Can Revoke Your Passport, But You Can Fight Back!
• IRS Updates List of Designated Private Delivery Services for Timely Mailing Rule