Covers laws and strategies for minimizing or avoiding taxes and government penalties, including compliance planning, lawful tax reduction, and defenses against fines, interest, and enforcement actions. Topics may include audits, assessments, appeals, settlements, and navigating civil and criminal exposure for tax- or reporting-related violations.
A Qualified Domestic Relations Order (QDRO) is the court order required to divide most ERISA retirement plans in divorce without triggering immediate taxes or early-withdrawal penalties. It directs the plan administrator to pay a set share to an ex-spouse or dependent as an “alternate payee.” This article explains what a QDRO is, when you need […]
A tax penalty is an IRS-added charge—often 0.5% per month for late payment or 5% per month for late filing—imposed when you miss tax deadlines or violate reporting rules. It’s added on top of the tax you owe and may also accrue interest until paid. This article explains common IRS penalties, how they’re calculated, and […]
