Tax fraud

Taxpayers around the world lose at least $427 billion each year to individual tax evasion and multinational corporate profit-shifting, which undercuts public funding for a COVID-19 response, according to a new report.

Drug money; Phoenix descending; stepping down; and other highlights of recent tax cases.

But the IRS would need more resources, writes Natasha Sarin, an assistant professor of law at UPenn.

The Internal Revenue Service’s Criminal Investigation unit has been initiating fewer investigations of abusive tax return preparers this past year, while also recommending fewer prosecutions, and seeing fewer indictments and prison sentences this year.

What a POS; bad bet; too sick to go to prison; and other highlights of recent tax cases.

Consider acting swiftly to correct international tax form mistakes.

The auction house was accused of helping a wealthy shipping company owner avoid paying income taxes on artwork he purchased.

What a steel; there go the judge; children’s books; and other highlights of recent tax cases.

The latest scheme claims to need a taxpayer’s bank account information to direct deposit a stimulus payment.

Spreading the theft around; re-routed refunds; AIG loses, mostly; and other highlights of recent tax cases.