The Tax Law Blog

January 19, 2018
Massachusetts Restaurateur Sentenced to Two Years in Prison for Multimillion-Dollar Tax Fraud Scheme

Massachusetts Restaurateur Sentenced to Two Years in Prison for Multimillion-Dollar Tax Fraud Scheme

On October 2, 2017, Swansea, Massachusetts-based restaurant owner and temp agency operator Souleang Kane, 48, pleaded guilty to nearly two dozen counts of assorted financial crimes […]
January 19, 2018
U.S. Treasury Department Partners with IRS to Enforce Stricter Bitcoin Regulations

U.S. Treasury Department Partners with IRS to Enforce Stricter Bitcoin Regulations

Throughout 2017, lawmakers and IRS agents worked to tighten existing regulations governing cryptocurrency transactions, notably large transactions made using the virtual currency Bitcoin, which has recently […]
January 17, 2018
Chicago Family Restaurant Owners Charged with Felony Tax Fraud

Chicago Family Restaurant Owners Charged with Felony Tax Fraud

Luciano Libreri, 67, and son Ignazio Libreri, 36, co-owners of Da Luciano Pizza and Pasta, a popular restaurant in Chicago’s River Grove neighborhood, were each charged […]
January 16, 2018
Crypto-Currency – Hard Forks and What They Mean For Your Tax Bill

Crypto-Currency – Hard Forks and What They Mean For Your Tax Bill

Crypto-currency investment is a difficult subject matter to grasp. Even more difficult is understanding the tax implications behind it. If you have engaged in the mining […]
January 11, 2018
How Little-Known “Structuring” Laws Could Cause You to Lose Money to the IRS

How Little-Known “Structuring” Laws Could Cause You to Lose Money to the IRS

Imagine yourself being stopped by a police officer while driving home from work. You have committed no crimes or traffic violations, but unfortunately, this is no […]
January 10, 2018
Iowa Businessman Pleads Guilty to Tax Evasion, Faces Up to Five Years In Prison

Iowa Businessman Pleads Guilty to Tax Evasion, Faces Up to Five Years In Prison

According to a press release published by the Department of Justice, Iowa businessman Michael Collins, 49, pleaded guilty to a single count of tax evasion in […]