tax law

February 2, 2020

Joint Chiefs of Global Tax Enforcement Work Together to Investigate a South American Financial Institution

Most, if not all, of our blogs have focused on either the federal or state taxation on individuals and businesses. We have brought our readers several […]
January 28, 2020

New IRS Pact Highlights Agency’s Desire to Work Alongside Other US Agencies to Fight Tax Fraud

According to multiple news outlets, late last year, the IRS entered into a memorandum of understanding with the Alcohol and Tobacco Tax and Trade Bureau (TTB). […]
January 26, 2020

Swiss Bank Enters Into Amended Non-Prosecution Agreement With DOJ, Pays Additional $14 Million Fine

According to a Department of Justice press release, Union Bancaire Privée, UBP SA (UBP), a Geneva, Switzerland-based bank recently entered into an amended non-prosecution agreement with […]
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 […]
December 18, 2019

Missouri CPA Convicted in $7M Wire Fraud, Money Laundering Scheme

In a press release issued last month, the U.S. Department of Justice (DOJ) announced the conviction by federal jury of 46-year-old defendant Douglas A. Richardson, who […]
December 14, 2019

After FATCA Grace Period Ends, IRS to Freeze Foreign Bank Accounts Starting in 2020

Do you have a foreign bank account located anywhere outside the United States? If so, make sure you report the account to the IRS right away […]