Tax Law Blog

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.

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.

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.

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.

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...

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...

As the federal government struggles its way out of the longest shutdown in history, there are probably not too many tears shed for the once mighty Internal Revenue Service (IRS). Yet on both sides of the aisle, there may be concern for the growing...

The Deputy Attorney General recently offered remarks on how federal prosecutors view the criminal and civil pursuit of corporate defendants.

Secret offshore tax havens get a lot of bad press.  What are some good reasons to consider a foreign bank account?