Currently viewing the category: "Criminal IRS Prosecution"

Bad News for U.S. Citizens with Swiss Bank Accounts; The IRS is Coming…

On August 24, 2009 By

http://www.irs.gov/newsroom/article/0,,id=212124,00.html

It is official; the Justice Department and UBS finally reached their agreement about disclosing the identity of U.S. taxpayers with Swiss bank accounts. The IRS is going to start targeting these individuals for civil and criminal prosecution for tax evasion and other offenses.

Schedule B, Part III, Line 7 of [...]

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Tax Protestors Beware; The First Amendment Protects Expressing Your Ideas, But Does Not Protect You From Not Paying Tax.

On May 14, 2009 By

Tax evasion can be prosecuted criminally. Although you are generally free to express your ideas about taxes, you violate various criminal and civil laws if you put those ideas into action by not filing a tax return or not paying tax due.

“In January 2009, Michael C. Irving (D.D.C.), a District of Columbia police officer, [...]

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That Money in Your Swiss Bank Account Might be Safe, But You are Still Criminally and Civilly Liable if You Conceal Income.

On May 13, 2009 By

The IRS recently announced that a Florida man pled guilty to the criminal charge of filing a false tax return because he failed to disclose the existence of his Swiss bank account and income earned from money held in that secret (or not so secret) Swiss bank account.

The IRS is cracking down [...]

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