Tax Law Blog

A large Italian grocery chain and its directors are under investigation for fraud and an employment tax dispute.

The Financial Crimes Enforcement Network (FinCen) recently issued an alert to banks and financial institutions regarding tax and financial fraud associated with the use of counterfeit U.S. passport cards.

It is a longshot to win the lottery, right? A father and his sons set out to beat the odds and ended up in the IRS:CI top ten for an elaborate tax crime.

The Internal Revenue Service (IRS) routinely pursues scams and scamsters engaged in tax fraud.  The IRS also scrutinizes tax returns, annual financial reports, and other submissions for tax fraud.  So—what is tax fraud?

The Internal Revenue Service (IRS) puts enforcement of employment tax responsibilities at the top of its list. Discrepancies in reporting and payment of employment taxes can trigger a civil or even criminal tax audit.

The IRS: CI top ten list spotlights high-end tax crime and illustrates how IRS investigators spend their time. Coming in at number nine on the annual list is a man who combined filing false income tax returns with drug trafficking.

In a recent statement to the House Committee on Financial Services, the Director of FinCen explained its mission and purpose in enacting the Corporate Transparency Act (CTA) which became effective at the first of this year.

The annual IRS: CI Top Ten has returned, marking the ten most notable tax crimes of the prior year. First up is a French man going to prison in the U.S. for masterminding an international tax scam.

Tax season inevitably evokes a fresh set of scams and schemes aimed at your personal financial information—or your refund.

In the press of the pandemic and after, many businesses and other entities filed Employee Retention Credit (ERC) claims. In 2023, an investigation by the Internal Revenue Service (IRS) found many of those claims were not eligible. What happens next?