Return preparer fraud continues to be a major concern of the IRS. A recent case out of Las Vegas details how a husband and wife team […]
Earlier this month, a bookkeeper of a charter bus company was sentenced to prison for engaging in tax fraud by failing to report close to $1 […]
As the tax season comes upon us, the IRS is urging taxpayers to be careful when choosing a tax preparer. We are reminded of this by […]
When Can I take Casualty Theft Losses On My Tax Return? Updated: As of 1/1/2018, casualty theft losses have been severely limited on Schedule A and […]
A blast from the past just came across the headlines recently surrounding a member of the hit show of 2009, Jersey Shore. I had previously covered […]
Those with unreported foreign/offshore accounts and unfiled FBARs should act fast to take advantage of willful penalty protection and immunity offered by the OVDP, especially if […]
IN THE UNITED STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF TEXAS AUSTIN DIVISION UNITED STATES OF AMERICA, -vs- DOMINIQUE G. COLLIOT, Defendant. CAUSE NO.: AU-16-CA-01281-SS […]
Wadhan v. United States – Another District Court Opinion Following Colliot and Limiting FBAR Penalty
1 IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLORADO Chief Judge Marcia S. Krieger Civil Action No. 17-CV-1287-MSK UNITED STATES OF AMERICA, Plaintiffs, […]
Blogger’s Note: It appears to me the trial-level judge in the Court of Federal Claims has determined the regulation at issue is invalid because it […]
What is a Choate Lien? A choate lien means a lien where “the identity of the lienor, the property subject to the lien, and the amount […]