Tax Law Blog

The 2019 winter government shutdown was another blow to the beleaguered agency that collects your taxes and checks to see whether your FBAR is all that it should be.

Tax Day, on April 15, is fast approaching.  After being sentenced to a year in prison for failure to file, it is a pretty good bet that a Colorado businessman will remember to file this year. 

A  November 2018 memorandum from the Internal Revenue Service (IRS) establishes new methods for handling voluntary disclosure of offshore accounts.

Bright lights, big city and tax fraud: the story plays out repeatedly and did so again, only this time it involved the storied Friars Club of Manhattan.

In a large-scale fraudulent tax return scheme based on identity theft, a Missouri man and his accomplices garnered more than $12 million in ill-gotten tax refunds from the IRS.

German investigators descended on the headquarters of Deutsche Bank in Frankfurt, Germany, in late November, a devastating setback to an institution struggling to reset after years of fines and bad press over financial misconduct.

Sometimes accountants take advantage of their clients to make a buck. Sometimes, the client is in on it, like this one. A Mississippi federal jury recently convicted certified public accountant Carl Nicholson of conspiracy to defraud the United...

As IRS enforcement efforts continue to expand, offers in compromise (OICs) remain one of the most sought-after tools for taxpayers struggling with overwhelming liabilities. But as the case of actor Wesley Snipes shows, the OIC process requires...

Housing for the homeless in New York City is a complex issue that involves many agencies and organizations. Federal prosecutors are examining whether one Manhattan business group was more interested in tax fraud than providing safe, subsidized...

You or your company might underreport your income a little. Maybe you don’t reveal all of your foreign holdings on your FBAR. Or, maybe you cooked up a scam over a few years that finds you claiming deductions you have no hope of being able to...