Tax Law Blog

Secret Swiss accounts, loose gems, and shell companies figured prominently in the case against a Connecticut resident who pled guilty to tax crimes and failure to report on offshore assets.

Recently filed charges against businessman and lobbyist Paul Manafort offer a wealth of advice and warning about foreign holdings and associated tax requirements.

Ongoing budget cuts appear to be weakening the enforcement efforts of the Criminal Investigation branch of the IRS, according to its most recent annual report.

If you are an American with foreign accounts living stateside or abroad, the foreign bank account report (FBAR) is an important annual obligation. Let’s talk about why.

A Germantown man who inherited the family skin care products business was recently convicted on seven counts of filing false corporate, individual, and private foundation tax returns. His great-grandmother introduced a product called Frownies, an...

The Internal Revenue Service (IRS) and United States Department of Justice (DOJ) are continuing their crack down on tax compliance for those who are avoiding their obligations through the use of foreign bank accounts. The most recent efforts involve...

After being convicted of filing fraudulent tax returns, Chicago-area attorney Gary J. Stern sat through his two-hour long sentencing hearing. NFL stars like Terrell Owens, Adalius Thomas, Ray Lewis and Plaxico Burress alleged that they were scammed...

For overseas holdings in excess of $10,000, US residents are required to file a Report of Foreign Bank and Financial Accounts (FBAR). One Connecticut man, with over $28 million in overseas accounts, failed to do so and has pleaded guilty to the...

In June of this year, we shared the story of a Las Vegas strip club owner who was awaiting sentencing for his crimes. The former owner of Crazy Horse Too had his fate finally decided last week by a US District Chief Judge.

Two Ohio state representatives are seeking to eliminate the so-called “marriage penalty tax.” They have introduced a new bill for this purpose. The bill is led by Republican John Becker and Democrat David Leland. If passed, this bill would give...