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.
Read MoreTax Day, on April 15, is fast approaching. After being sentenced to a year in prison for failure to file, it is a pretty good bet that a Colorado businessman will remember to file this year.
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 MoreSometimes 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...
Read MoreAs IRS enforcement efforts continue to expand, offers in compromise (OICs) remain one of the most sought-after tools for taxpayers struggling with overwhelming liabilities. But as the case of actor Wesley Snipes shows, the OIC process requires...
Read MoreIn December, a New York State resident pled guilty to failing to pay over employment taxes to the Internal Revenue Service. Falling behind on withholding payroll taxes—or failing to pay them—is a common and serious form of tax fraud.
Read MoreThe Panama Papers leak has yielded its first criminal indictment in the United States.
Read MoreA high-flying bio-tech investment advisor will report to prison in March, 2019, to serve a 30-month sentence.
Read MoreWhat do maritime flags and the expensive purchase of citizenship have in common? Oftentimes, tax fraud.
Read MoreIf you are contacted or approached by a special agent of the Internal Revenue Service (IRS), it is important to know what is happening and what to do. The short answer is defer contact with the agents and contact an experienced criminal tax attorney...
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