A high-flying bio-tech investment advisor will report to prison in March, 2019, to serve a 30-month sentence.Read More
What do maritime flags and the expensive purchase of citizenship have in common? Oftentimes, tax fraud.
Taking a fresh swipe at transnational tax crime, the Joint Chiefs of Global Tax Enforcement (J5) recently announced a crackdown on enablers of global tax fraud and the inappropriate use of cryptocurrencies.Read More
Concealing assets and value in foreign bank accounts during divorce can lead to an IRS criminal tax investigation.
For high wealth individuals and couples, the use of offshore tax havens is common. When done legally, placing wealth in offshore...Read More
Secret offshore tax havens get a lot of bad press. What are some good reasons to consider a foreign bank account?Read More
If you are contacted or approached by a special agent of the Internal Revenue Service (IRS), it is important to know what is happening and what to do. The short answer is defer contact with the agents and contact an experienced criminal tax...Read More
The Criminal Investigation (CI) Division of the Internal Revenue Service (IRS) is tasked with investigating criminal tax matters, financial malfeasance, and enforcing compliance. The recent release of the CI Annual Report for 2018 offers a snapshot...Read More
From entertainment to sports, offshore holdings to the corporate board room, forms of tax fraud remain remarkably consistent—only the industry changes. In a recent case prosecuted by the Tax Division of the Department of Justice, a dealer in...Read More
Successful prosecution of high profile cases like those involving Paul Manafort and Michael Cohen would seem to burnish the reputation of the Internal Revenue Service (IRS) as hard on crime—but is it?Read More
In November of 2017 we shared the story of the conviction of an Ohio businessman on seven counts of filing false corporate, individual, and private foundation tax returns. His story moves forward as of last week when his sentencing occurred. Here's...Read More