In an ironic turn of events, Texas Rangers engaged in an investigation of a McLennan County Tax Assessor-Collector. The county employee was accused of fraudulently avoiding sales tax payments. The investigation occurred due to the prompting of a McLennan County District Attorney, following allegations brought up in an audit. The […]
IRS agents working in Fort Worth and throughout our country become involved in many different types of investigations. The underpinning, however, is usually a suspected violation of the Internal Revenue Code. It’s what got Al Capone in trouble in the 1930’s. They couldn’t nail the mobster for bootlegging and other […]
Facing federal tax evasion charges is intimidating, here in Texas or anyplace throughout our country. Whether or not the intent was to shortchange the government, the mere allegation of wrongdoing can be life altering. An individual is left defending a claim brought against him or her with the full thrust […]
A federal investigation into the personal and political dealings of Dallas County commissioner John Wiley Price and his associates has gone public, and may have taken a step closer to the filing of formal charges, as witnesses began appearing before a federal grand jury as part of what promises to […]
The Internal Revenue Service issued new guidelines in early June regarding its voluntary disclosure program to mitigate penalties for failing to report income in Swiss bank accounts and other offshore locations to avoid tax liability. Some U.S. taxpayers will have 90 days beyond the August 31, 2011, deadline to disclose […]
Texas IRS Tax Attorney Every year, the Criminal Investigations Division of the IRS sets goals for the number of criminal tax investigations it will complete and the rate of conviction it wants to achieve. In recent years, the IRS has stepped up its enforcement efforts, driven by policies that emphasize […]
When you or your business is facing a complex tax law issue, a sophisticated tax lawyer can be of great assistance and can help you protect your rights and interests. Tax law can be confusing and intimidating, with a unique set of rules and a language of its own. An […]
The Internal Revenue Service (IRS) recently highlighted some the top abusive tax scams for 2011. Activities such as, hiding income in offshore accounts, identity theft, return preparer fraud and filing false or misleading tax returns forms the Service’s the annual list of “dirty dozen” tax scams in 2011. “The Dirty Dozen […]
With the rollout of the 2011 Offshore Voluntary Disclosure Initiative (OVDI), the Internal Revenue Service is offering “incentives” through reduced penalties to those who have either knowingly or unknowingly failed to report income from monies in foreign bank accounts. This is the second such initiative in the last few years […]
Failing to disclose bank accounts and earnings to the Internal Revenue Service (IRS) is generally a practice that can bring legal difficulties, particularly in recent years when the focus has been placed on investigating offshore accounts. The IRS has vast resources at its disposal and does not hesitate to use […]