Tax Law Blog

In the second largest penalty obtained by the Department of Justice, Israel’s sprawling Bank Hapoalim admitted to a systemic program whereby its officials and branches laundered money and actively helped US taxpayers set up offshore tax accounts to...

Everybody loves a good story. Here’s one: A movie producer accused of laundering $248 billion recently saw charges against him dropped—after he agreed to return $107 of his largess.

A false income tax return may mean different things to different people. How, you ask? There are different types of actions or omissions that broadly constitute tax fraud.

Taylor Lohmeyer is going to have to give up the goods. Or, at least that is the latest from a federal appeals court in a matter involving the Internal Revenue Service (IRS).

The Criminal Investigation unit of the IRS (IRS-CI) collaborates with international partners to identify, investigate, and prosecute a variety of crimes around the world.

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.

A new British levy is expected to raise £100m to fund anti-money laundering efforts in the United Kingdom.

Whether as employee or employer, taxes are a permanent workforce expectation.  Here is the lowdown on the types of schemes the Internal Revenue Service (IRS) regards when initiating a civil tax audit or criminal tax investigation.

Entering a guilty plea on seven felonies including tax fraud, a Massachusetts man is hoping to resolve his involvement in the Panama Papers scandal--a document leak that has impacted high wealth individuals around the world.

If you are a “United States person” and hold a foreign bank account with enough value during the year, you probably owe the Internal Revenue Service a Report of Foreign Bank and Financial Accounts (FBAR).