While court cases and newspapers call out celebrities and high-wealth individuals who face civil or criminal tax investigations, less attention is paid to the people who make those tax mistakes possible.
Read MoreThe filing date for the Foreign Bank and Financial Accounts (FBAR) report is coming right up. While filing on time allows you to fulfill your responsibilities as an American taxpayer, it also helps you avoid the sizeable penalties you can incur for...
Read MoreDescribed 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.
Read MoreWhile 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 MoreSecret offshore tax havens get a lot of bad press. What are some good reasons to consider a foreign bank account?
Read MoreEvery good thing must come to an end, and the Internal Revenue Service (IRS) Offshore Voluntary Disclosure Program (OVDP) is one of them.
Read MorePretty much any kind of correspondence from the Internal Revenue Service (IRS) is enough to ruin at least lunch. Receiving notice of an IRS civil tax audit can send a quiver of anxiety through anyone. To provide a heads-up on avoiding tax...
Read MoreOffering an example of one of its “Dirty Dozen Tax Scams,” the Internal Revenue Service (IRS) permanently barred a tax professional from preparing tax returns for others.
Read MoreA 64-year-old man with a history of tax controversy pled guilty to tax crimes that will land him in prison for the next six years.
Read MoreIn an effort to address international offshore tax evasion and avoidance, the European Union (EU) created a blacklist in December 2017 that identified 17 countries and put 47 more on a “gray list” for failing to meet international standards of...
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