Tax season is underway. Top earners can manage wealth and save money with some strategic planning around taxes.

Read More

The Supreme Court of the United States recently denied a petition to review the plight of a taxpayer who was assessed an egregious fine for failing to file a report of Foreign Bank and Financial Accounts (FBAR).

Read More

The Internal Revenue Service (IRS) has many departments, one of them being the Criminal Investigation (CI) unit. This department serves the U.S. by investigating criminal financial crimes such as tax fraud, money laundering, identity theft scams,...

Read More

Though most of them today have gone virtual for the time being, seminars are a great way to experience interactive learning on a topic, hosted by a dynamic speaker. Unfortunately, there's always that little nugget of uncertainty going into one--you...

Read More

Some business owners may think it’s okay to skim some of their income from off the top, and then come tax time, move funds around. It’s their money, right? However, they typically discover it was not a wise decision because it often results in a...

Read More

How much money has been recovered in the 3 years since the Panama Papers story broke? These documents exposed a network of tax havens across 200 countries. When they were released on April 3, 2016, people around the world were shocked to learn about...

Read More
Last year, the new tax plan affected many employees' paychecks: They received an increase. Isn't more money a good thing? Not necessarily. It proved troublesome because several Americans discovered they received too much money, meaning they owed...
Read More

It's often common practice to take what one learns on the job and apply it to their personal life. However, in a case last month, a former IRS employee and attorney proved he hadn't learned enough, and was convicted, by a federal jury in Nevada, of...

Read More

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

Subscribe to Email Updates

Posts by Topic

see all