Tax Law Blog

When a Los Angeles man purposefully failed to file a Report of Foreign Bank and Financial Accounts (FBAR), the Internal Revenue Service took notice.

We previously published an article that shared the story of a New York attorney that had been charged with funneling $3.5 Million from his deceased client's $35 Million estate through fake charities. He has recently plead guilty this crimes of...

Here’s a thought—economists suggest new corporate tax cuts won’t spur significant wage growth or capital investment because multinational companies were already stashing their cash in offshore tax havens.

Despite a duty to turn over employment taxes to the Internal Revenue Service (IRS), some business owners are tempted to withhold that money. When they do—it can lead to an IRS audit, or worse, an IRS criminal tax investigation. For a Michigan man, a...

Question: When is a disclosure agreement not a disclosure agreement? Answer: When a party signing the disclosure fails to disclose. This unenviable position returned a Swiss Bank to the cross-hairs of the Internal Revenue Service (IRS), earning it a...

A one-time campaign advisor to President Donald Trump faced federal heat on 18 counts in a Virginia courtroom.  A major contributor to his woes?  Tax fraud and unreported offshore tax holdings.

Who knows how to play the system better than those who work with it every day?  Sadly, the lure to gamble professional expertise for money proved too much for Alena Aleykina, a former special agent for the IRS Criminal Tax Investigation Unit.

In order to provide incentive to encourage use, exchange, provision, and development of alternative fuels, the Internal Revenue Service (IRS) offered a Biodiesel Mixture Credit. Two Colorado business entrepreneurs took advantage of the credit—and...

Hired to prepare tax returns, Texas tax preparer Shermin Marshall instead schemed to divert funds for his own use.

A San Francisco area CPA was convicted, along with his client, of tax crimes related to the failure to report income for a period of four years, resulting in no income taxes being assessed for this same period. Now, they are both facing steep...