Tax Law Blog

The former senior vice president and general counsel of Moody’s (a financial services company that provides credit ratings, research, and risk analysis) was sentenced to prison for failure to file his tax returns.

Around and around it goes. A Florida financial advisor rolled the dice on fraudulent tax shelters, filing false income tax returns, and money laundering—and he appears to be heading for a reckoning.

A successful businessman crosses the line into employment tax fraud and is going to prison. A short but sadly common story for some individuals responsible for paying over employment taxes to the Internal Revenue Service (IRS).

The Internal Revenue Service (IRS) is synonymous with tax collection and tax enforcement. The enforcement unit within the IRS that investigates and pursues tax crime is called Criminal Investigation (IRS:CI).

Erin Collins, the National Taxpayer Advocate (NTA), recently took the Internal Revenue Service (IRS) to task for an unprocessed backlog of 500,000 tax fraud cases.

Saving the best for last, the top two IRS:CI tax fraud matters of 2023 take a broad swipe at a multitude of IRS regulations from failure to file an FBAR report to money laundering, and tax fraud based on biofuel tax credits.

It is no surprise that crypto-fraud dominates the IRS:CI top ten list for 2023. Digital coin, money laundering, and tax fraud are common bedfellows. To prove the durability of crypto in tax crime, the #3 cryptocurrency case is not even about real...

The charges against the defendant in the number five spot on the IRS:CI countdown run the gamut from money laundering to tax evasion, media piracy, and more.

It is a longshot to win the lottery, right? A father and his sons set out to beat the odds and ended up in the IRS:CI top ten for an elaborate tax crime.

Criminal intent takes many forms on the internet. Our #7 entry on the IRS:CI top ten crimes prosecuted in 2023 is a defendant who made his living on the Silk Road.