tax evasion Archives | Moskowitz LLP

Money Laundering: An Overview

Posted on December 8, 2010February 20, 2019 by moskowitz Posted in Business Law, Criminal Tax Law

In our white collar crime/financial crime defense practice, we often see money laundering schemes. Money laundering is a term used for the criminal practice of moving illegally-acquired funds through various transactions so that the money ends up “looking” like it came from some legal activity. Money launderers attempt to hide...

INTERNAL REVENUE CODE SECTION 7623: THE WHISTLEBLOWER STATUTE

Posted on November 23, 2010February 21, 2019 by moskowitz Posted in Business Law, Criminal Tax Law

Under the Internal Revenue Code, individuals acting as “whistleblowers” by reporting underpayment of taxes or violation of tax laws by another taxpayer may be awarded money from the amount collected by the government. To be eligible for a section 7623 award, the disputed amount must exceed two million dollars, and...

FOREIGN BANK ACCOUNTS AND THE VOLUNTARY DISCLOSURE

Posted on November 3, 2010June 11, 2018 by moskowitz Posted in Criminal Tax Law, International Taxation

Introduction For many years a large number of U.S. taxpayers have placed and may continue to place, money in foreign bank accounts. Many of these individuals, knowingly or unknowingly, violate federal law by not disclosing these foreign accounts on their federal income tax returns. In an effort to step-up enforcement...

Tag: tax evasion

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