February 20, 2018
Pennsylvania Florists Convicted of Employment Tax Crimes

Pennsylvania Florists Convicted of Employment Tax Crimes

The owners of a Pennsylvania flower business found themselves on the wrong end of a jury trial in federal court last week. According to a Department […]
December 19, 2017
Foreign Account Holders May Be Required to File an FBAR, Form 5471

Foreign Account Holders May Be Required to File an FBAR, Form 5471

Earlier this year, former Trump aide Paul Manafort was indicted with co-defendant Rick Gates on 12 counts of assorted offenses, most of which involve alleged willful […]
November 20, 2017
Taxpayers Beware: DOJ to Continue Investigating Offshore Tax Evasion Through Swiss Bank Program

Taxpayers Beware: DOJ to Continue Investigating Offshore Tax Evasion Through Swiss Bank Program

On August 29, 2013, the Department of Justice (DOJ) introduced its “Swiss Bank Program,” which enables Swiss banks to avoid being prosecuted for helping U.S. persons […]
February 16, 2017
U.S. Owners of Foreign Corporations Faces Tax Penalties Due to Offshore Disclosure Failures, Have Duty to Disclose

U.S. Owners of Foreign Corporations Faces Tax Penalties Due to Offshore Disclosure Failures

While many individuals are now aware that they are obligated to report and make certain disclosures regarding certain offshore accounts, many people do not realize the […]
February 15, 2017
Ownership in Foreign Corporations Can Result in Serious Penalties without Proper Disclosure

Ownership in Foreign Corporations Can Result in Serious Penalties without Proper Disclosure

Over the past decade, it’s come as no surprise that the government has ramped up its enforcement of laws that require U.S. persons to disclose sensitive […]
February 12, 2016
Skagway Fish

Assemblyman pleads guilty to tax charges faces IRS bill of $600,000+

On this blog we frequently write about all of the factors and characteristics that people believe will protect them from a tax audit, investigation, or prosecution. […]