Tax Law Blog

The owner of a Deerfield accounting firm drew a prison term for preparing false tax returns—after he had already been tapped by the Department of Justice (DOJ) for the same thing in 2018.

As we usher in the new year of 2024, it's the perfect moment to wrap up our IRS: CI Top Ten Tax Fraud list. To round off the year, we'll delve into the number one tax fraud from the IRS: CI's compilation of the most notable tax frauds in 2022.

The Report of Foreign Bank and Financial Accounts (FBAR) is filed annually. While the FBAR was due on April 15, it is not filed as part of a personal income tax return. For those filing late, the Internal Revenue Service offers an automatic...

In what is touted as the largest criminal tax matter against an individual taxpayer in the U.S., billionaire Robert Brockman was found competent to stand trial.

It is a story involving wealth, payroll tax issues, failure to file tax returns, and even a truffle business. What it does not talk about is the real victims of tax crime.

The US Financial Crimes Enforcement Network recently saw more than 2,000 of its Suspicious Activity Reports (SARs) leaked to the media outlet Buzzfeed and shared with the International Consortium of Investigative Journalists (ICIJ). Tax fraud, money...

Outsourcing payroll functions can save business owners and operators time and money. Using vendor expertise lets employers focus on marketing their core strengths and customer fulfillment. For some companies, it is a good deal—and sometimes it isn’t.

How troublesome is it if you fail to file your annual tax return, or your quarterly business taxes? This is not a trick question. The answer is, “it depends.”

The circumstances around the arrest of a San Jose man tells a story of several common tax crimes rolled into one complicated narrative.

After politicians and profiteers sacked a Malaysian investment fund, Goldman Sachs is now paying the shortfall—and trying to avoid criminal tax charges in the United States.