If you own digital assets, or you are just interested, it is a good idea to understand how the Internal Revenue Service (IRS) looks at this type of property.

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At the federal and state level, some lawmakers are working to raise taxes for the wealthy.

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A $14,729 tax bill is at the root of a U.S. Supreme Court Case that poses a question of whether income must be realized to be taxed.

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Amazon notched a win in a fractious battle with the EU regarding its tax relationship with Luxembourg, its European headquarters.

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The claims of investors in the FTX bankruptcy remain uncertain pending the resolution of a $24 billion claim by the Internal Revenue Service (IRS).

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In a last-minute deal, Columbian pop star Shakira settled her case involving criminal tax charges brought by Spanish prosecutors.

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As we usher in the new year of 2024, it's the perfect moment to wrap up our IRS: CI Top Ten Tax Fraud list. To round off the year, we'll delve into the number one tax fraud from the IRS: CI's compilation of the most notable tax frauds in 2022.

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Stolen personal identifying information (PII) allowed an international crime ring to obtain millions of dollars in tax refunds from the U.S. Government.

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An athlete and businessman drew the number four spot on the IRS: CI list of top prosecutions of 2022.

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While it sounds odd, agents of the Internal Revenue Service (IRS) sometimes assess tax penalties before checking with their supervisor first. The Taxpayer Advocate recently commented on the issue.

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