When a business needs to tighten their belt, a tempting solution is to avoid paying taxes. But a Detroit-area businessman couldn't resist the temptation, and committed this payroll tax crime, at not just one of his businesses, but two.

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After a series of scandals, about 80 former and current employees of Deutsche Bank AG are being investigated by German prosecutors for tax fraud. Prosecutors have been looking into the activities of some of the biggest players in European and US...

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The New York Friars Club has been known for outlandish, sometimes scandalous celebrity roasts. But in recent years its management has been an even bigger source of scandals. Michael Gyure, the former executive director of the Friars Club, pleaded...

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According to a recent Brookings Institute report based on IRS statistics, tax evasion is responsible for one out of every six federal tax dollars owed but not paid. This has a huge impact on the U.S. economy. Every year, unpaid taxes amount to about...

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How much money has been recovered in the 3 years since the Panama Papers story broke? These documents exposed a network of tax havens across 200 countries. When they were released on April 3, 2016, people around the world were shocked to learn about...

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Last year, the new tax plan affected many employees' paychecks: They received an increase. Isn't more money a good thing? Not necessarily. It proved troublesome because several Americans discovered they received too much money, meaning they owed...
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The majority of Americans today need assistance when it comes to filing their taxes. Some seek the help of a professional, while others purchase software programs. But even with the help of these do-it-yourself programs, it's still difficult to...
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When it comes to preparing your taxes, many people find the whole process to be complex.  It can be especially frustrating when you consider the fact that many in Ohio have to pay a separate tax to the municipalities where they work or live. "M ost...
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Healthcare is big business—and so is health care fraud.  Just ask a Mississippi woman facing 15 years in prison after admitting to a complicated prescription drug fraud.

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Each year the Internal Revenue Service (IRS) lays out its top 12 worst-of-the-worst scams for the year.  And each year, we take a look at what is catching the attention of our federal tax agency.

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