Tax Law Blog

Hired to prepare tax returns, Texas tax preparer Shermin Marshall instead schemed to divert funds for his own use.

A San Francisco area CPA was convicted, along with his client, of tax crimes related to the failure to report income for a period of four years, resulting in no income taxes being assessed for this same period. Now, they are both facing steep...

Last week, a Federal Grand Jury handed down an indictment for one Mississippi CPA for one count of conspiring to defraud the United States, four counts of filing false tax returns, and six counts of aiding in the preparation of false tax return....

As attitudes and regulations around tax havens change, so does the language we use for addressing offshore tax holdings.

If you have investments in foreign banks or tax havens, the chances are good that you are aware of your offshore reporting obligations.  But if the acronyms FATCA and FBAR have you puzzled, we can help.

To identify and reduce tax evasion through offshore tax accounts, US citizens are required to annually report assets held in foreign bank accounts.  FATCA is a regulation that requires just such a filing.

Pretty much any kind of correspondence from the Internal Revenue Service (IRS) is enough to ruin at least lunch. Receiving notice of an IRS civil tax audit can send a quiver of anxiety through anyone. To provide a heads-up on avoiding tax...

Despite dogged pursuit of US citizens for tax fraud and hidden foreign bank accounts, the US ranks a global number two as a reliably safe place to stash secret cash.

Offering an example of one of its “Dirty Dozen Tax Scams,” the Internal Revenue Service (IRS) permanently barred a tax professional from preparing tax returns for others.

A 64-year-old man with a history of tax controversy pled guilty to tax crimes that will land him in prison for the next six years.