John McAfee Indicted for Tax Evasion
Cybersecurity pioneer and crypto promoter John McAfee can now add another title to his job description: defendant.…
IRS: e-File is Available for Form 8300
Many taxpayers may have collectively breathed a sigh of relief on July 16, but anyone selling big-ticket items between now and the end of 2020 will still need to report large cash transactions.…
IRS Offers Settlement for Micro-Captive Insurance Schemes
The Internal Revenue Service is offering a limited-time settlement for certain taxpayers under audit who took part in an abusive micro-captive insurance scheme. By participating, qualified taxpayers can escape tax evasion charges, but must pay back tax owed plus penalties.…
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When the IRS Comes Knocking
The Internal Revenue Service recently released information that could also help late filers: how to verify the person at the door is actually an IRS agent.…
Congress Introduces Legislation to Curb Corporate Tax Inversions
Democratic Lawmakers Introduced Bills to Curb the PracticeIn the wake of Burger King’s announced purchase of Canadian doughnut maker Tim Horton’s to reduce its international tax burden, Democratic…
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