Category Archives: Tax Fraud

Examination of the differences between criminal and civil tax penalties, detailing specific penalties that can be handed down by the IRS for various infractions, and how different defenses for differing cases can be beneficial for defendants.

The IRS is ending its Offshore Voluntary Disclosure Program (OVDP), which means that the last chance to take advantage of this hugely beneficial amnesty program is rapidly approaching.

If you hold foreign assets or earn money overseas, it’s critical that you are aware of your FBAR obligations. Learn more about how to protect yourself in the event of an FBAR audit.

Abajian Law attended the 33rd Tax Controversy Institute, the premier conference for top tax practitioners and high-ranking IRS employees to meet and discuss the most relevant and critical issues surrounding the IRS.

In an increasingly connected economy, it’s important that private citizens and business owners tread carefully with tax implications both at home and abroad.

Many people are surprised to find out that there are people out there who pose as the IRS and contact you with the intent to defraud you.

Former top Swiss banking executive Raoul Weil was acquitted of charges that he helped wealthy American client hide their $20 billion in secret accounts. The jury deliberated for just 90 minutes before reaching their verdict. Charges for conspiring to defraud the U.S. government include five years in prison and $250,000 in fines. While Raoul Weil’s […]

Following an extensive investigation by the United States Justice Department, Swiss banking giant Credit Suisse pleaded guilty on Monday to aiding U.S. clients evade taxes. Eric Holder, U.S. Attorney General stated that the bank was involved in an “extensive and wide-ranging conspiracy” to help U.S. taxpayers avoid tax liabilities on their offshore income. He added […]

Accounting Firm Admits Criminal Wrongdoing in Connection with Fraudulent Tax Shelter Scheme that Generated at Least $6.5 Billion in Phony Tax Losses Preet Bharara, the United States Attorney for the Southern District of New York, Douglas H. Shulman, the Commissioner of the Internal Revenue Service (“IRS”), and John A. DiCicco, the Principal Deputy Assistant Attorney […]