Recent Articles

UBS Cooperation with IRS leads to Criminal Charges Involving Offshore Bank Accounts

March 28, 2011 17:00

Tax attorneys continue to deal with the fallout from increased offshore enforcement by the IRS. The U.S. Justice Department announced this month that a San Diego resident was sentenced to three years probation after he was found to have filed false tax returns from 2000 to 2008. The case involved...

Tax Attorney Blames OCD for Failure to File Business Income Taxes

March 25, 2011 17:00

Tax lawyers representing a man accused of failing to file business income tax returns told the judge that obsessive-compulsive disorder was responsible for their client's tax problems, the Calgary Herald reported. Business tax debt can sink a business; frequent issues tax attorneys are called to...

"Little Fockers" Star has Tax Liens for $433K in Back Taxes to IRS, State of California Franchise Tax Board

March 23, 2011 15:52

The Detroit News is reporting that Hollywood actress Teri Polo, perhaps best known for playing alongside Robert De Niro and Ben Stiller in "Meet the Parents," has a tax lien for $433,736. The former Playboy pinup landed the role after a string of TV show appearances, including "The West Wing."...

Failure to File FBARs for Swiss Bank Account Costs Defendant $500,000, possible 3 Years in Prison

March 21, 2011 16:54

A 45-year-old Ohio man has pleaded guilty to filing false personal income tax returns after admitting to having nearly $1 million in an undeclared offshore bank account, the U.S. Department of Justice reported. Tax attorneys are being called to handle such cases with increasing frequency. As we...

Wesley Snipes to Serve 3 Years for Failure to File Tax Returns

March 16, 2011 01:00

CNN reports Hollywood actor Wesley Snipes is off to serve a three-year prison sentence for failing to file tax returns. While simple non-filing of tax returns doesn't often result in criminal tax lawyer to prevent a tax problem from getting worse. Prosecutors alleged Snipes has earned $40...

Hotel Developers Charged with Tax Evasion Involving Swiss Bank Accounts

March 14, 2011 17:47

A father and son team of Miami hotel developers have been sentenced to 10 years in prison after being convicted of conspiracy and filing false tax returns; the government alleges they tried to conceal more than $150 million in assets in offshore bank accounts, according to the U.S. Department of...

Southern California IRS Revenue Agent Pleads Guilty to Tax Fraud

March 14, 2011 16:13

An IRS revenue agent has pleaded guilty to filing false tax returns, according to a report in the Los Angeles Times. The 51-year-old defendant pleaded guilty to filing false returns for himself, as well as a number of relatives. In some cases, he admitted to filing returns for relatives without...

Payroll Tax Problems Cannot be Solved by Payment after Criminal Tax Charges Filed

March 09, 2011 15:25

A Kansas woman will still face federal criminal tax charges for failure to pay payroll taxes after a federal court ruled the charges should not be dismissed simply because the taxes have since been paid. As

Swiss Bankers Face Indictment over Alleged Criminal Tax Evasion Involving Offshore Accounts

March 05, 2011 17:05

Four Swiss bankers have been charged with conspiracy to defraud the United States of income tax revenue, according to an indictment unsealed in the United States District Court in Virginia. The bankers are accused of helping high net worth clients hide undeclared Swiss bank accounts. U.S....

FBAR Tax Amnesty--- The Next Generation

February 09, 2011 04:29

On Tuesday the IRS announced a new foreign bank accounts who failed to file