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