December 15, 2017
Manafort’s Tax Fraud Charges Should Warn Taxpayers to File an FBAR – Before it’s Too Late

Manafort’s Tax Fraud Charges Should Warn Taxpayers to File an FBAR – Before it’s Too Late

Paul Manafort, 68, is a veteran political consultant best known for his role managing Donald Trump’s presidential campaign from June through August of 2016. In October […]
December 14, 2017
Utah Financial Planner Facing Decades in Prison Following Tax Evasion, Fraud Convictions

Utah Financial Planner Facing Decades in Prison Following Tax Evasion, Fraud Convictions

For 38 years, Henry “Hank” Brock, 64, of St. George, Utah, enjoyed a successful career as a financial planner, advising investors, serving on political panels, appearing […]
December 13, 2017
Offshore Account Holders Should Consider Making a Voluntary Disclosure as Paradise Papers Are Investigated

Offshore Account Holders Should Consider Making a Voluntary Disclosure as Paradise Papers Are Investigated

If you’re a regular visitor to our tax law blog, you may have seen our prior article discussing the Paradise Papers, a mass-scale leak of roughly […]
December 13, 2017
Department of Justice to Change Position on Sentence Recommendations for FBAR Cases

Department of Justice to Change Position on Sentence Recommendations for FBAR Cases

For the better part of this decade, the Department Justice Tax Division, along with the Internal Revenue Service have been seeking out and prosecuting those who […]
December 12, 2017
What Do the Paradise Papers Reveal About Offshore Tax Havens?

What Do the Paradise Papers Reveal About Offshore Tax Havens?

You may recall that in May 2016, anonymous whistleblower “John Doe” leaked approximately 11.5 million documents revealing the offshore activities of numerous politicians, businesspeople, and entertainers […]
December 8, 2017
Do I Need to Report Bitcoin and Other Cryptocurrency Taxable Activity to the IRS?

Do I Need to Report Bitcoin and Other Cryptocurrency Taxable Activity to the IRS?

In an increasingly digitized world, more and more of our financial transactions are carried out online, from small personal exchanges on PayPal and Venmo to multi-million-dollar […]