201905.27
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Federal Prison (60-Months) Conviction for FBAR, Tax Fraud & Evasion

Federal Prison (60-Months) Conviction for FBAR, Tax Fraud & Evasion Conviction for FBAR: In a recent sentencing, a Chiropractor in New Jersey was sentenced to 60-months in federal prison due to failing to report income, and failing to report foreign accounts on the FBAR. Carlo Amato of New Jersey was sentenced to 60-months for failing…

201905.20
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German Offshore Tax Investigation Hits Multiple Banks for Evasion

German Offshore Tax Investigation Hits Multiple Banks for Evasion German Offshore Tax Investigation Hits Multiple Banks for Evasion: A common misconception people have, is the notion of out of sight, out of mind. German Offshore Tax Investigation Hits Multiple Banks for Evasion Unfortunately that is not how tax investigations work. Oftentimes, an international tax investigation…

201905.11
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IRS Files Complaint to Collect FBAR Interest & Late-Payment Penalty

IRS Files Complaint to Collect FBAR Interest & Late-Payment Penalty Like a Predator going in for the kill, the IRS smells blood and has become relentless in collecting Penalties against Teymour Khoubian. What makes this matter so intense, is that Defendant already paid a $7.7M FBAR Penalty Judgment. IRS Files Complaint to Collect FBAR Interest…

201905.06
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IRS joins Forces with Finland to Crack Down on Income Tax Evasion

IRS joins Forces with Finland to Crack Down on Income Tax Evasion While Finland may have won the award for “happiest country in the world,” it may not be paradise for any U.S. Individual, Business, or Institution that gets caught in the IRS cross-hairs for using Finland as a conduit or catalyst for tax evasion….