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.Read More
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.Read More
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.Read More
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.
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...Read More
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...Read More
In December, a New York State resident pled guilty to failing to pay over employment taxes to the Internal Revenue Service. Falling behind on withholding payroll taxes—or failing to pay them—is a common and serious form of tax fraud.
It starts with a letter. If you are selected by the Internal Revenue Service for an audit, it is important to respond appropriately.Read More
As the federal government struggles its way out of the longest shutdown in history, there are probably not too many tears shed for the once mighty Internal Revenue Service (IRS). Yet on both sides of the aisle, there may be concern for the growing...Read More
In early December, the British Immigration Minister announced the Tier 1 visa program would be halted on December 7, 2018, to be followed by an audit into allegations of money laundering and tax fraud. By mid-December, the Home Office had reversed...Read More