As far as reputation, the United States lost some gloss this year.  A non-governmental organization (NGO) that combats global corruption ranked the US six spots lower in their annual Corruption Perceptions Index.

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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.

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A  November 2018 memorandum from the Internal Revenue Service (IRS) establishes new methods for handling voluntary disclosure of offshore accounts.

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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.

 

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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.

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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.

 

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German investigators descended on the headquarters of Deutsche Bank in Frankfurt, Germany, in late November, a devastating setback to an institution struggling to reset after years of fines and bad press over financial misconduct.

 

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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.

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Sometimes accountants take advantage of their clients to make a buck. Sometimes, the client is in on it, like this one. A Mississippi federal jury recently convicted certified public accountant Carl Nicholson of conspiracy to defraud the United...

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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...

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