Tax Law Blog

There are a number of celebrities in the U.S. who have paid the price for tax evasion and tax fraud, including Martha Stewart, Willie Nelson, Alex Baldwin, and Nicolas Cage (with Hunter Biden’s eventual fate still in the offing). It seems that the...

In 2021, a document trove containing approximately 11.9 million records was leaked to the International Consortium of Investigative Journalists (ICIJ). Dubbed the “Pandora Papers,” disclosure of the documents continues to disrupt the opaque world of...

You traveled to Europe and decided to stay—or you have lived abroad for a long time and are happy that way.  Whatever your circumstance, if you are a “U.S. person” living abroad, U.S. taxes apply to you too.

The Internal Revenue Service (IRS) has a longstanding interest in the pursuit and prosecution of those who commit tax fraud through offshore tax dodges. The National Taxpayer Advocate recently reviewed how the IRS and the courts consider penalties...

Maybe it was a payroll tax issue that got away from you. For some, it is foreign bank accounts used but not reported. Or—a large-scale tax fraud and you are just tired of looking over your shoulder for the Internal Revenue Service (IRS). Are you...

Embattled Swiss bank Credit Suisse is down for the count. The Zurich-based bank is being purchased by UBS, a longtime competitor of Credit Suisse and the largest bank in Switzerland.

Concealment of assets, shell companies, and $32 billion in assets. All the trappings of significant tax fraud, but the responsible party in this scheme is a church.

The Supreme Court of the United States recently denied a petition to review the plight of a taxpayer who was assessed an egregious fine for failing to file a report of Foreign Bank and Financial Accounts (FBAR).

The European Parliament (EU) has voted to strengthen its ability to “unshell” companies suspected of tax evasion.

It is no secret that the ultra-wealthy generally make use of tax-avoidance strategies. Paying less tax means more wealth accumulated. Recent information leaked from offshore tax havens reveals some of the ways the wealthy keep their money in the...