The self-proclaimed “Tax Beast” was recently sentenced to three years in prison and ordered to pay $892,902 to the Internal Revenue Service after filing fraudulent tax returns. The criminal matter reminds others of the powerful reach of the IRS and...
Read MoreAmericans are required to comply with the requirements of Foreign Bank Account Reports. Failing to report a foreign bank account that has a value of $10,000 at any point during the year can result in serious consequences of FBAR violations. The...
Read MoreIndividuals may be charged with either a criminal or civil offense if they are suspected of tax fraud. The nature of the charge against them will determine the potential consequences they face and the possible defenses that an experienced tax...
Read MoreWhen charging someone with executing your estate after you die, it's a leap of faith. But, trust isn't always earned. In the indictment of a New York attorney, we see what can happen when people think no one is looking. The charges suggest that the...
Read MoreIf you have “seriously delinquent tax debt,” you should speak with an experienced tax attorney before your next trip out of the United States, or before you try to return. Otherwise, you may be in for an unhappy surprise at the border.
Read MoreA Tennessee dentist is going to prison for a year for tax fraud. While the news isn’t startling, the story is a cautionary tale about getting good legal help if the Internal Revenue Service approaches you.
Read MoreA 62-year old insurance broker is going to prison for eight months for failing to file taxes. In a case similar to those that often occur across the country, this Connecticut resident failed to report a significant portion of his income and was...
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