Page 3 - Reasonable Cause News Today

Freeman Law's "The Tax Court in Brief" covers every substantive Tax Court opinion, providing a weekly brief of its decisions in clear, concise prose.

Tax Litigation: The Week of July 25th, 2022, through July 29th, 2022 Kinney v. Comm’r, T.C. Memo. 2022-81 | July 28, 2022 | Weiler, J. | Dkt. No. 17664-19 Hall v Commissioner, T.C....

When a Taxpayer has been penalized by the Internal Revenue Service, they have the opportunity to try to seek removal of those penalties by showing…

When a US person learns they are out of compliance for not properly reporting their foreign accounts and assets to the US government, Google may lead…

Nonbank lenders, fintech firms, and smaller entities that do not meet the CFPB's threshold of a "larger participant" in defined areas have avoided CFPB supervision, but that is...

On April 25, the Consumer Financial Protection Bureau (CFPB or Bureau) announced that it would begin invoking a provision in Dodd-Frank, previously used only infrequently, to conduct...

Sally Lane’s son was stripped of his citizenship for allegedly joining Islamic State, yet others have been quietly returned

When a US Taxpayer has not filed tax returns in one or more prior years, they are at risk for IRS fines and penalties. When there are unfiled tax…

More legal trouble for the Spanos Family Trust.

FBAR Reporting is a requirement for many US Taxpayers across the globe (whether or not they are also required to file US Tax Return) when they meet…