With stacks of cash and money changing hands quickly, it's easy to understand the temptation for restaurant owners to dip into those funds when cash is needed for personal expenses. However, two Texas restaurant owners took it to another level...
The New York Friars Club has been known for outlandish, sometimes scandalous celebrity roasts. But in recent years its management has been an even bigger source of scandals. Michael Gyure, the former executive director of the Friars Club, pleaded...Read More
According to a recent Brookings Institute report based on IRS statistics, tax evasion is responsible for one out of every six federal tax dollars owed but not paid. This has a huge impact on the U.S. economy. Every year, unpaid taxes amount to about...Read More
Like Americans, some Canadians cannot stand a tax cheat. In fiscal year 2018, Canada Revenue, the federal tax agency of our neighbor to the north, received 32,157 anonymously volunteered tips.Read More
Not paying employee taxes can result in walking on broken glass. Last month, the owner of a glass company in Greenville, Ohio, plead guilty to not paying employment taxes, as well as admitted to filing false tax returns and failing to file returns.Read More
We all need the occasional break from work, but falsely claiming disability might not be the best way to get it. Last month, a south Florida doctor was sentenced to prison for disability fraud and tax evasion on over $1.6 million in income earned.Read More
On the local and global stage, celebrities and high-asset persons turn up in headlines for alleged tax fraud. In Spain, Shakira is facing allegations that she failed to pay more than $16 million in taxes.Read More
In December, a New York State resident pled guilty to failing to pay over employment taxes to the Internal Revenue Service. Falling behind on withholding payroll taxes—or failing to pay them—is a common and serious form of tax fraud.
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.Read More