The IRS has used a law meant to facilitate the tracking of illicit financial transactions by drug and terrorist organizations to seize and forfeit vast sums of money from people with absolutely no connection to the criminal underworld – commonly referred to as currency structuring. In 2016, the U.S. House of Representatives voted unanimously to…

A provision tucked into a Federal highway bill targets serious tax delinquents by either denying or revoking their U.S. passports. Specifically, the State Department, at the request of the IRS, may deny, revoke or limit the use of a U.S. passport if the holder owes more than $50,000 in taxes, and a lien or levy…

The Internal Revenue Service recently issued a warning of 2017 tax refunds delay for certain taxpayers, urging filers to adjust their tax withholding now. We are talking about your 2016 taxes that are due on April 18, 2017. First, a new tax law effective next year requires the IRS to hold refunds a few weeks…