Tax Law Blog

Did you prepare fraudulent tax returns this year or submit a knowingly false return? If so, this blog is for you.

IRS:CI has a unit that responds to specialized areas of tax crime. The International Tax and Financial Crime (ITFC) group focuses on fraudulent activity involving offshore tax holdings, financial institutions, and foreign bank accounts.

A “badge of fraud” is an indicator used by the Internal Revenue Service (IRS) to flag a potentially fraudulent return, transaction, or activity. Better understanding of what triggers IRS interest can help you steer clear of an IRS audit, or worse,...

A Ponzi scheme is the basis for the number nine entry on the IRS:CI top ten tax investigations for 2021.

While “tax fraud” is often considered a catch-all phrase, the term describes a particular type of tax crime involving fraud and willful intent.

Does deciding not to report income earned off the table really matter? It is not like stealing—or adding a fictitious dependent, right? What exactly constitutes a tax crime to the Internal Revenue Service (IRS)?

To the big surprise of no one, Credit Suisse is back in the headlines after a whistleblower leaked information about 18,000 Swiss bank accounts.

For a number of reasons, you may be interested in opening a foreign financial account. Stateside, it is pretty easy to open a bank account but offshore, it pays to know a little bit about the system.

Sometimes an employment tax dispute is more than that. For a New York businessman, stashing the payroll taxes became a habit, and then a tax crime.

Whether you live abroad or stateside, there are advantages to using foreign bank accounts. Like offshore tax investments, it is important to know what you are doing, and to be aware of potential downsides of these types of accounts.