You found out that your spouse was cheating on taxes, and now the Internal Revenue Service (IRS) is holding you liable for a tax understatement. If you file for taxes jointly with your spouse, the law makes both of you responsible for the tax liability, even if you...
Tax Law
Should computers decide who gets audited?
The last two decades have seen amazing advances in technology and computer science. With machine learning and artificial intelligence leading the way, many tasks can be reliably assigned to computer programs to complete with only a small amount of human oversight. The...
What do I need to know about tax evasion?
The federal government is fierce in its requirement that taxpayers honestly pay their taxes. If the Internal Revenue Service (IRS) believes someone is trying to cheat the system, they will investigate and, depending on what they find, aggressively build a case. But...
What businesses must consider when filing taxes this year
It’s safe to say that we’re all happy to move on from 2020 for so many reasons. But for everyone, especially for businesses, the new year means one last bit of business from last year: taxes. Last year was among the most challenging that any business will ever face....
