Tax Law Blog

In our countdown of the top ten criminal tax investigations in 2021 as ranked by the Internal Revenue Service Criminal Investigation (IRS-CI) unit, we are down to number two.

Preparation of personal and business returns gives tax professionals access and the opportunity to commit tax fraud. Have you crossed the line while working for a company or individual taxpayer? Do you worry about the IRS?

The Criminal Investigation arm of the IRS stays busy. With more than 3,000 agents worldwide, IRS-CI is focused on bank secrecy act violations, criminal tax fraud, money laundering, and tax evasion. Earlier this year, the IRS ranked its top ten...

The Senate Finance Committee recently released an investigative report that identifies a loophole allowing offshore banks to accept and hold funds for U.S. taxpayers without reporting to the IRS.

One of the most common elements of a fraudulent income tax return is a claim for unqualified dependents. So—who can you claim?

The Report of Foreign Bank and Financial Accounts (FBAR) is filed annually. While the FBAR was due on April 15, it is not filed as part of a personal income tax return. For those filing late, the Internal Revenue Service offers an automatic...

We continue our top ten countdown of financial crimes prosecuted by IRS:CI during 2021. In case #5, the IRS continued to focus on tax crimes conducted with digital currency.

Combine cyber currency and tax fraud and what do you have? The answer is number six on the IRS countdown of the top ten criminal tax investigations of 2021.

In what is touted as the largest criminal tax matter against an individual taxpayer in the U.S., billionaire Robert Brockman was found competent to stand trial.

McKinsey & Company is in hot water again as French officials paid a visit to their Paris offices in search of evidence of tax fraud.