U.S. Department of Justice Announces New Policies for Prosecution of Corporations, Focusing on Individual Wrongdoers

Posted on by moskowitz Posted in Business Law, Criminal Tax Law
Justice Department announces new policies for prosecuting individuals who are responsible for corporate wrongdoing. This past November, Deputy Attorney General Rod J. Rosenstein announced that the Department of Justice has enacted changes to its policies and procedures regarding the prosecution of corporate financial fraud and other misconduct. Corporate fraud: the...
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New Global Partnership Formed to Combat International Tax Crime

Posted on by moskowitz Posted in Criminal Tax Law, Cryptocurrency Tax Assistance, International Taxation
Law enforcement leaders from five countries have joined efforts in their fight against international tax crime and money laundering. The new “Joint Chiefs of Global Tax Enforcement” (J5) brings together tax enforcement authorities from Australia, Canada, the Netherlands, the U.K. and the U.S. to develop new strategies in the pursuit...
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IRS Focus: Tracking Cryptocurrency

Posted on by Liz Prehn Posted in Criminal Tax Law, Cryptocurrency Tax Assistance, Tax Planning & Compliance, Tax: Audits, Litigation & Collection
In our recent blogs on the new Internal Revenue Service – Criminal Division (IRS-CI) priorities, we noted that new IRS-CI director John D. Fort has placed his department on high alert for tax fraud involving bitcoin and other digital currencies. Here, we discuss U.S. taxpayer noncompliance and various cryptocurrency tax...
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The 2018 IRS Dirty Dozen,
Part IV: Tax Return Preparer Fraud

Posted on by Liz Prehn Posted in Criminal Tax Law, Tax Planning & Compliance, Tax: Audits, Litigation & Collection
Other Posts in this Series Part I: Identity Theft, Phone and Phishing Scams, Fake Charities Part II: Padding Deductions, Claiming Undeserved Business Credits, Falsifying Income, Inflating Refunds Part III: Abusive Tax Shelters, Offshore Tax Schemes, and Frivolous Tax Arguments Tax return preparer fraud gets its own place on the IRS...
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The 2018 IRS Dirty Dozen,
Part III: Abusive Tax Shelters, Offshore Tax Schemes, and Frivolous Tax Arguments

Posted on by Liz Prehn Posted in Criminal Tax Law, Tax Planning & Compliance, Tax: Audits, Litigation & Collection
Other Posts in this Series Part I: Identity Theft, Phone and Phishing Scams, Fake Charities Part II: Padding Deductions, Claiming Undeserved Business Credits, Falsifying Income, Inflating Refunds Part IV: Tax Return Preparer Fraud In this post we continue our coverage of tax evasion schemes with three that make it to...
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The 2018 IRS Dirty Dozen,
Part II: Padding Deductions, Claiming Undeserved Business Credits, Falsifying Income, Inflating Refunds

Posted on by Liz Prehn Posted in Criminal Tax Law, Tax Planning & Compliance, Tax: Audits, Litigation & Collection
Other Posts in this Series Part I: Identity Theft, Phone and Phishing Scams, Fake Charities Part III: Abusive Tax Shelters, Offshore Tax Schemes, and Frivolous Tax Arguments Part IV: Tax Return Preparer Fraud In our last post, we covered four schemes aimed at taking advantage of well-meaning taxpayers. The next...
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The 2018 IRS Dirty Dozen,
Part I: Identity Theft, Phone and Phishing Scams, Fake Charities

Posted on by Liz Prehn Posted in Criminal Tax Law, Tax Planning & Compliance, Tax: Audits, Litigation & Collection
Other Posts in this Series Part II: Padding Deductions, Claiming Undeserved Business Credits, Falsifying Income, Inflating Refunds Part III: Abusive Tax Shelters, Offshore Tax Schemes, and Frivolous Tax Arguments Part IV: Tax Return Preparer Fraud Every year, the IRS releases a list of 12 schemes that are especially popular during...
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Tax Return Preparer Sentenced to 27 Months for Tax Evasion

Posted on by Liz Prehn Posted in Criminal Tax Law, Tax Planning & Compliance, Tax: Audits, Litigation & Collection
Tax evasion carries severe penalties, even in cases in which no one else has been defrauded. The facts From 2005 through 2011, Semere Tsehaye owned more than 20 Instant Tax Service (ITS) franchises in Illinois, Kansas and Missouri, under the names A&S Tax Service LLC and ERI Enterprises LLC. In...
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