Tax fraud

A roundup of our favorite recent tax fraud cases.

Schroders Plc’s Swiss bank will pay a $10.4 million penalty to avoid prosecution under a U.S. program that requires participating firms in Switzerland to say how they helped American clients avoid taxes.

One of the leaders of the Senate’s main tax committee is sounding the alarm about proposed budget cuts at the Internal Revenue Service and warning that it could encourage identity theft, tax evasion and tax fraud by crime syndicates.

A California CPA has admitted to abusing his positions at a worship center in New Jersey and a nonprofit in California to steal more than $4 million.

A selection of our favorite recent tax fraud cases.

The owner of Mystic Pizza, the Connecticut pizzeria made famous by the 1988 Julia Roberts movie of the same name, has been sentenced to over a year in prison on charges of tax evasion and structuring cash transactions.

Leaders of the Senate Finance Committee sent a letter Monday to four federal service centers asking for clarification on reporting practices for federal employees’ wage and tax statements to the Social Security Administration and state tax agencies in order to safeguard against tax-related identity theft.

Some of our favorite recent tax fraud cases.

You may find your clients worried that their identities, their credit scores and maybe their life savings will wind up at the mercy of some free-spending crook. What can you tell them?

The IRS revealed today that approximately 220,000 more taxpayers than it had previously announced were affected by a breach in its “Get Transcript” Web app.

A roundup of some of our favorite recent tax fraud cases.

Some of our favorite recent tax fraud cases.

The Internal Revenue Service lacks effective processes to ensure the authenticity of copies of documents certified by a foreign issuing agency to support an application for an Individual Taxpayer Identification Number, according to a new government report.

The Internal Revenue Service is cautioning taxpayers and tax practitioners against the newest scams as losses top $20 million in money stolen from victims by fraudsters claiming to work for the IRS and other government agencies, including the Department of Motor Vehicles.

TaxBuzz, an online directory of tax professionals, has released a new service to help its users verify their providers' identity and trustworthiness.

Some of our favorite recent cases of tax fraud.

UBS AG and a banker-turned-whistleblower were deemed to have too “unclean hands” to bring a malicious prosecution lawsuit against a real-estate developer who had accused them of duping him into filing a false tax return.

Two of our favorite recent tax fraud cases.

Former New York congressman and FBI agent Michael Grimm is heading to prison for scamming the government out of taxes in his operation of a Manhattan health food restaurant.

Some of our favorite recent tax fraud cases.