News and Events

If the Internal Revenue Service (IRS) is auditing your 2020 tax return, there are some important steps you need to take, and there are also some critical miscues you need to avoid. While it is possible to resolve an IRS audit without additional liability in many cases, an audit can also lead to additional tax plus interest and penalties, and it can potentially trigger a criminal tax fraud investigation as well. In order to avoid unnecessary consequences, you need to rely on the advice of an experienced Maryland tax lawyer, and you should schedule an appointment to speak with a lawyer as soon as possible.

For small business owners in the United States, complying with the federal income tax reporting and payment obligations can be burdensome, but it is also extremely important. The IRS audits countless small businesses every year; and, with the recent formation of the Small Business/Self Employed Division’s Fraud Enforcement Office, small businesses can expect to face enhanced scrutiny in 2020 and beyond.

The Internal Revenue Service (IRS) has announced the formation of a new office that will specifically target small business tax fraud. The Fraud Enforcement Office, housed within the IRS’s Small Business/Self Employed Division, will begin working with IRS Criminal Investigations (CI) and the IRS’s civil enforcement divisions in 2020.

On March 21, 2020 the Internal Revenue Service (IRS) extended the income tax filing and payment deadline for 2020 to July 15. The extension applies to 2019 annual income tax returns as well as first-quarter estimated tax payments for 2020.

IRS Criminal Investigation (CI) is the division of the Internal Revenue Service that is tasked with targeting individuals suspects of committing federal tax crimes. It is extremely active, and each month CI announces dozens of indictments, guilty pleas and sentences in cases involving ordinary taxpayers. Here is just a small sampling of the cases that CI prosecuted in February 2020: