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

We often discuss IRS criminal investigations.  Real-world examples are a good way to examine choices made by those who deceive the IRS and often see prison time and financial penalties as a result.  So how does one of these criminal tax matters get...

Read More

While most people do not plan things that way, circumstances may leave you with an overwhelming tax obligation.  One option to relieve the tax burden could be an offer in compromise.

Read More

Precious metals have precious little value when your bars are on a cell and not made of gold. A man who sold precious metals via the phone, and collected commission on the sales, attempted to hide that income through shell companies. But much like a...

Read More