Tax Law Blog

To identify and reduce tax evasion through offshore tax accounts, US citizens are required to annually report assets held in foreign bank accounts.  FATCA is a regulation that requires just such a filing.

Despite dogged pursuit of US citizens for tax fraud and hidden foreign bank accounts, the US ranks a global number two as a reliably safe place to stash secret cash.

A C-Suite executive is heading for prison for almost three years after committing tax fraud that netted him $1.7 million at the expense of his company.

If you have heard one fraudulent tax scheme, you have heard them all, right? It usually involves an individual who files false income tax returns for a number of years. But for Ana Bajo of Salinas, California, a few fraudulent tax returns were not...

Talk about rotten apples.  A company that sells “gift box quality” fruit from its trucks during the growing season trusted its tax filings to a bad banana. 

Here’s something you do not see very often—individuals who claim income as household help in order to commit tax fraud.  The dodge earned a North Carolina tax preparer a lot of trouble and more than ten years in prison.

Using their internet floral business, a Pennsylvania couple engaged in multiple forms of tax fraud that will land them in prison.

Boo Boo made a boo-boo.  A fraudster with the handle “Boo Boo” is heading to prison for 30 years on multiple counts of tax fraud, identity theft, and federal tax crimes.

It may come as no surprise that the Internal Revenue Service (IRS) operates a Whistleblower program.  Recent legislative and agency changes may make whistleblowing a more profitable pursuit.

Individuals may be charged with either a criminal or civil offense if they are suspected of tax fraud. The nature of the charge against them will determine the potential consequences they face and the possible defenses that an experienced tax...