Taking a fresh swipe at transnational tax crime, the Joint Chiefs of Global Tax Enforcement (J5) recently announced a crackdown on enablers of global tax fraud and the inappropriate use of cryptocurrencies.

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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...

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Secret offshore tax havens get a lot of bad press.  What are some good reasons to consider a foreign bank account?

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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?

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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...

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A recently released report looks at tax fraud convictions in the United States in 2017.

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They say you "don't mess with Texas," but in this case they should change it to "don't mess with the IRS." A Houston attorney has been indicted in a complex tax scheme for trying to bring offshore funds back to the U.S. without paying taxes to the...

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When a Los Angeles man purposefully failed to file a Report of Foreign Bank and Financial Accounts (FBAR), the Internal Revenue Service took notice.

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Question:  When is a disclosure agreement not a disclosure agreement?  Answer:  When a party signing the disclosure fails to disclose.  This unenviable position returned a Swiss Bank to the cross-hairs of the Internal Revenue Service (IRS), earning...

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A one-time campaign advisor to President Donald Trump faced federal heat on 18 counts in a Virginia courtroom.  A major contributor to his woes?  Tax fraud and unreported offshore tax holdings.

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