It is a new year and new tax season. It officially opened on January 27, 2025, and so here is some information to keep in mind as you start putting together your documents:
Read MoreWinding out what will surely be the most effective years of the Internal Revenue Service (IRS), the agency recently updated on key milestones in its operating plan.
Read MoreFollowing a full week of trial, a Dutch tax advisor pled guilty to one count of aiding the filing of a false income tax return for celebrity clients who were U.S. taxpayers, but earned income around the world.
Read MoreA newly released report from the Tax Justice Network underscores the stubborn, persistent loss of billions of dollars to offshore tax abuse and the resistance of leading countries to contribute to a solution to the problem.
Read MoreInterested in moving abroad? You are not alone. American interest in moving abroad rose sharply following the November election. If the life of an expat beckons, homework is important
Read MoreWhat’s in a word? Tax terms can be confusing, but terms related to tax crimes must be clear when allegations are on the line.
Read MoreA “card room” is a seemingly quaint term for a place where people mix, mingle, and play cards. One California card room got a fast lesson in financial reporting that resulted in a Consent Order and a $900,000 fine.
Read MoreAround and around it goes. A Florida financial advisor rolled the dice on fraudulent tax shelters, filing false income tax returns, and money laundering—and he appears to be heading for a reckoning.
Read MoreThere is an expectation by the Internal Revenue Service (IRS) that U.S. persons are aware that their income is taxed on a global basis—although the U.S. is one of very few countries that do so. Failure to file required reporting on assets outside of...
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