Employment tax fraud was a poor prescription for a Virginia business owner.

 

Virginia resident, Jerry Harper, Jr., is a pharmacist who owns five pharmacies in the Western District of Virginia.  By combining accounting practices for his five...

Read More

The Department of Justice (DOJ) reported its first conviction of failing to comply with the Foreign Account Tax Compliance Act (FATCA).  The matter involved a former CEO of Loyal Bank.

Read More

Despite a duty to turn over employment taxes to the Internal Revenue Service (IRS), some business owners are tempted to withhold that money.  When they do—it can lead to an IRS audit, or worse, an IRS criminal tax investigation.  For a Michigan man,...

Read More

Question:  When is a disclosure agreement not a disclosure agreement?  Answer:  When a party signing the disclosure fails to disclose.  This unenviable position returned a Swiss Bank to the cross-hairs of the Internal Revenue Service (IRS), earning...

Read More

Newly released documents illustrate the havoc created within a now-defunct Panamanian law firm after a whistleblower leaked 2.6 terabytes of data that pierced the veil around the money hiding habits of the world’s elite.

Read More

Offering an example of one of its “Dirty Dozen Tax Scams,” the Internal Revenue Service (IRS) permanently barred a tax professional from preparing tax returns for others.

Read More

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

Read More

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...

Read More

The Internal Revenue Service (IRS) and United States Department of Justice (DOJ) are continuing their crack down on tax compliance for those who are avoiding their obligations through the use of foreign bank accounts. The most recent efforts involve...

Read More

The Internal Revenue Service (IRS) does not take the requirement that taxpayers actually stay in compliance with tax laws lightly. This was recently highlighted in a case involving a hospital that lost its charitable status. This translated to a...

Read More