The IRS has established a unit called the IRS Criminal Investigation Division (CI). The CI is dedicated to investigating potential criminal violations of the Internal Revenue Code and related financial crimes including tax evasion, money laundering, wire fraud, tax fraud and undisclosed offshore accounts.
If the IRS launches a criminal investigation against you, you not only face a potentially substantial tax bill, but also possible jail time.
A tax dispute always involves the same opposing party, the Internal Revenue Service. When an IRS issue cannot be resolved administratively, sometimes it is necessary to go to court.
An IRS audit is a review/examination of an organization's or individual's accounts and financial information to ensure information is reported correctly according to the tax laws and to verify the reported amount of tax is correct.
The circumstances of taxpayers with non-U.S. investments vary widely, the IRS offers four options for addressing Previous Failure to comply with U.S. tax and information return obligations with respect to those investments.
The Internal Revenue Service is a powerful and historically unrelenting creditor. The Internal Revenue Code grants the Service extraordinary powers to enforce its tax liens administratively.
In order to collect a tax, the IRS has to assess (assessment of the tax). The IRS can levy on the taxpayer’s assets to enforce the tax lien.