by Brian Mahany We hear of many people making claims against their tax preparers for not properly advising them of their foreign account reporting requirements. Lately some taxpayers are suing Swiss banks for allegedly providing them bad advise – like, “don’t worry you won’t get caught.” Now in what may be the ultimate lawsuit, billionaire […]
Lawyer Indicted For Helping Clients Set Up Offshore Swiss Bank Accounts
by Brian Mahany The IRS and U.S. Department of Justice show no sign of letting up in their quest to ferret out U.S. taxpayers with unreported offshore accounts. Earlier this week Justice officials unsealed an indictment against a former San Diego tax attorney and two of his clients for alleging hiding millions in unreported Swiss […]
Tax Avoidance Schemes and Whistleblower Rewards
Hiding Money from Uncle Sam? Don’t! Every failed tax scheme started with folks who didn’t think they would get caught. And many of the people who end up in prison are pretty smart people. Doctors, lawyers, business executives and even billionaires. Each thought they had a foolproof idea. Many of those ideas involve tax avoidance […]
New Felony Charges Against UBS Banker – Business as Usual?
Just when all the UBS litigation began to die down, the U.S. Attorneys Office in Miami Florida filed charges against Renzo Gadola, a former UBS banker. Gadola is charged with the felony crime of conspiracy to defraud the U.S. Treasury. The criminal complaint provides startling evidence as to the conduct of UBS and their efforts […]