Tax Law Blog

March 20, 2019

Federal Court Reject Defendants FBAR Regulation Arguments, Affirms $1 Million Penalty

A recent case that was decided in Connecticut illustrates how large penalties relating to the failure to disclose the existence of foreign bank accounts can become. […]
March 19, 2019

Former Trump Lawyer Cohen Says President Lied, Raising Questions About Tax Evasion, Bank Fraud

In February 2019, former Trump attorney Michael Cohen, who was sentenced last year to 36 months in federal prison after pleading guilty to bank and tax […]
March 18, 2019

Story Update: Miami CPA Sentenced to 39 Months for Various Tax-Related Crimes

Last year, we brought you the story of a Miami-based CPA that was indicted by a federal grand jury on several criminal charges related to tax […]
March 13, 2019

Arizona Immigration Rights Activist and Tax Preparer Sentenced in IRS Fraud Case

Elias Bermudez, 68, was both an outspoken immigrant rights activist and, as described by the U.S. Department of Justice in a recent press release, a “long-time” […]
March 12, 2019

21-Month Prison Sentence Recommended for Defendant in Ohio Income Tax Evasion Case

A string of frauds eventually caught up with defendant Cynthia A. Faulkner, 32, of Dayton, Ohio, who, appearing before U.S. District Judge Thomas M. Rose late […]
March 4, 2019
Couple Plead Guilty False Tax Returns

New Jersey CPA Pleads Guilty to Filing False Tax Returns by Underreporting Income

On October 11, 2018, 58-year-old New Brunswick, New Jersey resident Amit Govil, a CPA who operated a “business providing risk management and audit services to community […]