The latest arrest in the international investigation of corruption involving Brazil’s state-run oil company Petrobras has led to a guilty plea.Read More
The 2019 winter government shutdown was another blow to the beleaguered agency that collects your taxes and checks to see whether your FBAR is all that it should be.Read More
A November 2018 memorandum from the Internal Revenue Service (IRS) establishes new methods for handling voluntary disclosure of offshore accounts.Read More
Bright lights, big city and tax fraud: the story plays out repeatedly and did so again, only this time it involved the storied Friars Club of Manhattan.
In a large-scale fraudulent tax return scheme based on identity theft, a Missouri man and his accomplices garnered more than $12 million in ill-gotten tax refunds from the IRS.Read More
Described as a doyenne of the New York art scene, gallery owner Mary Boone intends to ask for leniency after pleading guilty to allegations of tax crime that were the result of an IRS criminal tax investigation.
While it seems like an awkward term, a US person is a designation used by the Internal Revenue Service (IRS) to identify who must file taxes in this country.Read More
Housing for the homeless in New York City is a complex issue that involves many agencies and organizations. Federal prosecutors are examining whether one Manhattan business group was more interested in tax fraud than providing safe, subsidized...Read More
You or your company might underreport your income a little. Maybe you don’t reveal all of your foreign holdings on your FBAR. Or, maybe you cooked up a scam over a few years that finds you claiming deductions you have no hope of being able to...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.