In May, the Treasury Inspector General for Tax Administration (TIGTA) issued a report that confirms the Internal Revenue Service is not pursing high income taxpayers that fail to file tax returns.

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If you fail to fully report your income to the Internal Revenue Service (IRS), you could be heading for tax troubles ahead.

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Several European countries recently announced they will not be putting any COVID stimulus monies into the deep pockets of secrecy jurisdictions currently on the EU tax haven blacklist.

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In the second largest penalty obtained by the Department of Justice, Israel’s sprawling Bank Hapoalim admitted to a systemic program whereby its officials and branches laundered money and actively helped US taxpayers set up offshore tax accounts to...

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Everybody loves a good story. Here’s one: A movie producer accused of laundering $248 billion recently saw charges against him dropped—after he agreed to return $107 of his largess.

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A false income tax return may mean different things to different people. How, you ask? There are different types of actions or omissions that broadly constitute tax fraud.

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Recently there has been a lot of conversation about the differences between gig workers and employees. The State of California recently sued ride-hailing companies Lyft and Uber for misclassifying their drivers as independent contractors instead of...

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It is not just taxpayers that are penalized for using abusive tax shelters, Wells Fargo recently lost a precedent-setting appeal to the Eighth Circuit. Essentially, Wells Fargo sought to avoid penalties levied on the company by a lower court finding.

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Taylor Lohmeyer is going to have to give up the goods. Or, at least that is the latest from a federal appeals court in a matter involving the Internal Revenue Service (IRS).

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While talking big and selling fake facts may not raise eyebrows today, Michael Cooper, founder of The Tax People, made big news for a short time selling tax fraud in the late 1990’s. Convicted of criminal tax fraud, Mr. Cooper went to federal prison...

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