Tax evasion charges can be of many different types. Sometimes, tax evasion is charged on its own, apart from any other offenses. We discussed such a case in our December 2 post last year, concerning a former football player with ties to Texas who bought into a bogus anti-tax argument […]
More than 100 Swiss banks and other financial institutions are expected to seek non-prosecution agreements and provide U.S. authorities with information regarding clients suspected of offshore tax evasion. The announcement, given by Assistant Attorney General Kathryn Keneally, gave insight as to exactly how many Swiss banks are expected reveal how […]
Michael Hoffman, a jeweler in Grand Rapids, MI, is hoping that the court will grant him mercy when he is sentenced on Thursday for filing false corporate and personal income tax returns. The 59-year-old has asked for home confinement and probation, so that his business might survive. “Mr. Hoffman acknowledges […]
Part of mature thinking is being able to weigh the odds. This doesn’t mean gambling. It means knowing the likelihood that something will happen and tailoring actions accordingly to attain specific goals. In this post, we will consider tax audits as an example of this. It makes sense for a […]
McDonald’s came under fire on Tuesday after allegations from the French magazine L’Express claimed the food chain was under investigation by tax authorities for failing to pay taxes on 2.2 billion euros ($3 billion) of income from its 314 French locations. The restaurant denied the allegations found in the magazine’s […]
The identity of one healthcare entity that filed a class action lawsuit against the Internal Revenue Service in March over allegedly seizing private records of 10 million Americans has been revealed. The lawsuit came after an extensive investigation into the company’s owner, who was indicted last summer on 13 counts […]
In an unusual turn of events, Beanie Babies founder Ty Warner was shown mercy by a federal judge on Tuesday after being sentenced to two years of probation for failing to pay income taxes on millions of dollars he hid in an offshore Swiss bank account. U.S. District Judge Charles […]
The Internal Revenue Service is widely known by its three-letter abbreviation, IRS. Keep in mind, however, that there are tax-related scams out there that can try to capitalize on the agency’s name. Such scams are especially common this time of year, as another tax-filing season gets underway. In this post, […]
A Wellington accountant found guilty of providing false tax returns and misleading information to the Inland Revenue will no longer enjoy the benefits of name suppression. Imran Mohammad Kamal was granted name suppression until January 10 as part of a ruling made by the Wellington High Court on December 19. […]
Mireitha Minangi, Ilala’s Regional Police Commander vowed to investigate claims that Burgurini police officers have denied Tanzania Revenue Authority access to a container belonging to Gongo la Mboto Baptist Church that is believed to have evaded tax. Minangi made it clear in an interview with the ‘Daily News’ that her […]