tax law

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 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 1, 2019

Couple Pleads Guilty to Conspiracy, Identity Theft, and Tax Evasion

“Where there’s smoke, there’s fire” is a common saying that can especially ring true in the context of tax crimes. Typically, when the federal government begins […]
March 1, 2019

Denver Area Businessman Sentenced to Prison for Failure to Pay Tax

Taxpayers that get behind on their taxes commonly feel like they are at the bottom of a large financial hole. As time goes on, the hole […]