Tax evasion

The Internal Revenue Service has updated its online registration system for the Foreign Account Tax Compliance Act to allow foreign financial institutions to renew their agreement with the IRS.

A federal court in Minneapolis has found Wells Fargo liable for a 20 percent negligence penalty for participating in a tax shelter sold by Barclays Bank that generated $350 million in foreign tax credits.

On Avenida Borinquen in San Juan, you can buy a DVD of “La La Land” or “Moonlight” for just $2. Cash only.

Three Republican lawmakers who chair key congressional committees and subcommittees related to tax policy have sent a letter to Internal Revenue Service Commissioner John Koskinen asking about the IRS’s recent efforts to gain more information about users of Coinbase, the largest Bitcoin exchange in the U.S.

IRS experience is no shield from jail; $6 million in bogus deductions; ignoring injunctions; and other highlights of recent tax cases.

The 90210 actress and her husband are neck deep in financial trouble.

Rep. Lloyd Doggett, D-Texas, and Sen. Sheldon Whitehouse, D-R.I., have introduced legislation to discourage the use of corporate tax havens.

The second-largest Swiss wealth manager faces a sweeping tax evasion and money laundering investigation spanning five countries and potentially involving thousands of account holders.

The scam included a bogus $1 million charitable donation and fibs to his own accountants.

The Summa Holdings ruling may be part of a broader push back against the doctrine.

The tax-fraud case may leave the Swiss bank open to a fine of as much as 4.9 billion euros ($5.3 billion).

Users of virtual currencies like bitcoin are backing an industry group to oppose tax authorities’ efforts to collect customer info.

The future of the estate tax; tax prep in the gig economy; and other highlights from our favorite tax bloggers.

Caterpillar Inc., the bellwether U.S. equipment maker praised just last week by President Donald Trump, now finds itself a government target as federal tax and banking authorities raided its Illinois offices.

Budgetary constraints contributed to the continuing decline in caseload.

In this time of great upheaval in our nation’s history, find peace in the things that remain constant—one of them being that someone will always try to use taxes to steal money.

Judge grants leniency to Swiss banking customer for cooperating with prosecutors.

The Justice Department wants to send a stern message by sending tax cheats to prison, but some U.S. judges have opted for a softer approach.

Democrats on the tax-writing House Ways and Means Committee are objecting to a resolution from House Republicans to repeal recently finalized Treasury Department rules that would discourage corporate tax inversions.

The Internal Revenue Service is taking a new approach to tax compliance, with a series of 13 initiatives aimed at cracking down on tax evasion.