IRS Audit

January 22, 2020

IRS Cautions Small Business Owners to Watch Out for Tax Identity Theft

In the hectic year-end rush between Thanksgiving and Christmas, it’s easy to lose track of a far less exciting “holiday”: National Tax Security Awareness Week (December […]
January 17, 2020

Have an Undisclosed Bank Account in One of These Countries? Watch Out for a FATCA Letter, Or a High-Risk Audit, Or Tax & Willful Foreign Information Non-Reporting Criminal Investigation

Intergovernmental agreements, along with U.S. laws like the Foreign Account Tax Compliance Act (FATCA), ensure that banks around the world share information with the IRS. Banks […]
January 14, 2020

Maryland Tax Professional Pleads Guilty to Criminal Tax Charges

According to a Department of Justice press release, a tax preparer from Maryland recently pleaded guilty to charges relating to aiding and assisting in the filing […]
January 13, 2020

Omaha Councilman Awaits Sentencing for Failure to File Federal Income Tax Returns

The Department of Justice (DOJ) has repeatedly proven its willingness to prosecute anyone for tax crimes – including politicians. For example, former Baltimore mayor Catherine Pugh […]
January 10, 2020

Targeting Cybercrime and the Dark Web, IRS Takes Aim at Bitcoin Users

Crimes like money laundering and tax evasion are nothing new. What is new are certain technologies, like virtual currency, that can enable criminal tax offenders. For […]
January 8, 2020

3 More Reasons the IRS Might Choose You or Your Business for a Tax Audit

At the Tax Law Office of David W. Klasing, we frequently write about tax audits – and with good reason. Even with its operating budget at […]