Tax Law Blog

Continuing our countdown of the IRS Criminal Investigation (IRS: CI) top ten tax crimes of 2024, we take a look at a politician nabbed for influence peddling and tax fraud, along with a case involving drug trafficking with ties to terrorism.

A complicated tax crime earned a hedge fund trader about $1.3 billion in ill-gotten goods. It also earned him the next 12 years in prison.

The Internal Revenue Service (IRS) is encouraging taxpayers to obtain an Identity Protection PIN (IP PIN) as a necessary step to avoid tax fraud around 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) recently concluded its collaborative Summit offering recommendations and awareness of current criminal trends to tax professionals.

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.

If you know your tax returns or FBAR report do not quite add up, it is helpful to understand how the Internal Revenue Service (IRS) may look at potential action against you.

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...