Tax Law Blog

If you have a foreign bank account, hopefully you have heard about FATCA. FATCA enables the long arm of the US Treasury to require foreign entities to report offshore tax monies and assets held by US taxpayers to that agency.

While some may glaze over at the thought of another annual report, the latest report from the Internal Revenue Service Criminal Investigation Unit (IRS CI) offers a little something extra—a backward glance at 100 years of tax crime fighting since...

What started as a fight against extradition to the US turned into formal charges of tax fraud for a Russian banker—even as he fights to regain his health.

Avoiding allegations of tax crime is important for anyone—especially business owners or high asset individuals who are more likely to become targets of an IRS criminal investigation. When we talk about “criminal tax matters,” what do we mean? Let’s...

A successful restaurant and an opulent lifestyle led to a guilty plea in federal court in January as restaurateur Adel Kellel admitted he had “cooked his books” for years.

A Brooklyn pharmacist was arrested and arraigned recently for his involvement in a drug diversion network involving illicit sale of the opioid oxycodone.

As the 2020 tax season moves into full swing, the Internal Revenue Service (IRS) has been working hard to take fraudulent tax returns off the table.  How? By going after tax preparers who commit tax fraud.

In December, the European Commission (EU) agreed on priorities to fight money laundering and the flow of dirty money to criminal groups.

Few people enjoy paying taxes, but some taxpayers avoid taxes, while others evade them—what’s the real difference?

With the rebound in corporate jet travel, C-suite executives have a sweet deal unbeknownst to many company investors.