Very few things are able to strike fear in the hearts of American taxpayers as much as a notice from the IRS that they are being audited.Not everyone is at equal risk of being audited. According to recently released Internal Revenue Service data, millionaires are far...
All American citizens who have offshore bank accounts totaling more than $10,000 are required to disclose those accounts to the Internal Revenue Service and pay any applicable taxes.However, many Americans have historically not complied with this rule, either because...
Nearly everyone recognizes that theft is a serious crime. However, many don't realize that most perpetrators also commit tax crimes when they fail to inform the federal government of their stolen profits.A former Watertown Middle School employee pleaded guilty to tax...
Some Massachusetts businesses that hire independent contractors may soon find themselves in hot water with the IRS.The Massachusetts state government has entered into an agreement with the IRS to crack down on businesses who wrongly classify workers as independent...
