As far as reputation, the United States lost some gloss this year.  A non-governmental organization (NGO) that combats global corruption ranked the US six spots lower in their annual Corruption Perceptions Index.

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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.

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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. 

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

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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.

 

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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.

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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.

 

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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...

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Actor Wesley Snipes has a long-running history of tax controversy with the IRS.  In November, 2018, Mr. Snipes was handed another defeat when an IRS decision to reject his offer-in-compromise was upheld by the United States Tax Court.

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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...

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