Early proposed ideas to cut personal tax rates and simplify the income tax filing process have already garnered vocal resistance from several key interest groups. Supporters of the proposal to double the standard deduction – a move that is expected to make tax easier by limiting the number of individual […]
Since December 2008, when investment broker Bernard (Bernie) Madoff revealed his ponzi scheme to the FBI, investors and a court-appointed trustee have been trying to recover lost money through various legal proceedings. In the latest legal action in the Madoff saga, the trustee sued two of Madoff’s former accountants to […]
Tax Controversies and Tax Planning: I am a retired IRS Special Agent (Criminal Investigation Division), now working as a financial investigator in the private sector. When I was with the government, I worked against Mr. Brown on a number of high profile tax and white collar criminal cases. After retiring […]
The tax code is, in a word, complex. It is thousands of pages long, with millions of different entries representing credits, deductions, exemptions, reporting mandates, caveats, loopholes and more. Legislators across the political aisle all agree that significant tax reform is desperately needed by Americans of all economic strata, but […]
Taking a tax dispute to court is not usually the first choice for our clients or for Brown, PC. Our objective, whenever possible, is to bring about as favorable a resolution as possible, as early in a case as possible. An out-of-court settlement saves time and money, preserves a client’s […]
Under the Tariff Act of 1930, 19 U.S.C. § 1607, administrative forfeiture permits the federal government to forfeit property without judicial involvement. This forfeiture functions as a penalty for individuals whose property was allegedly involved with criminal activity. Law enforcement agencies have great power to handle administrative forfeitures, and there […]
If you are charged with a criminal tax matter in the Washington, D.C., area, a prison sentence is a real possibility. It is, therefore, of utmost importance for you to take any rumors or investigations seriously and get legal counsel in the earliest stages of a potential criminal tax-related case. […]
Understanding and Resolving IRS Criminal Matters The Internal Revenue Service has its own law enforcement unit, known as the Criminal Investigation Division (CID). CID is a powerful force within the IRS, charged with the task of investigating potential criminal violations of the Internal Revenue Code and any financial crimes related […]
Individual Taxpayer Identification Numbers (ITINs) are numbers that are issued by the Internal Revenue Service (IRS) for those who are not able to get a social security number but still have tax obligations. Some of these numbers are up for renewal this year. Is my ITIN up for renewal? Those with an […]
Dallas Tax Evasion Defense Attorney For as long as taxes have been levied, people have used countless techniques to avoid paying them. Governments deal harshly with those caught evading taxes through illegal means. Remember, there are legal ways of avoiding taxes such as contributing some of your pre-tax income to […]