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Posts Tagged Portland tax attorney

Businesswoman Charged With Unreported Israeli Accounts – FBAR Post

by Brian Mahany Opening an account in Israel or any other foreign country is legal. Not filing required FBARs for that account is a crime, however. Guity Kashfi of Los Angeles is learning that lesson the hard way. Prosecutors charged her with conspiracy to defraud the United States, a charge that carries a 5 year [...]

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Feds Proposed New Felony Tax Crime Has Implications For Those Overseas

by Brian Mahany Tax evasion is a felony. Prosecutors must prove that the person accused possessed a willful intent to evade taxes and committed some affirmative or overt act of evasion. Mere failure to pay taxes or file returns are misdemeanors punishable by no more than a year in prison. The difference is the required [...]

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Cross Border Tax Withholding Enforcement – Here Comes The IRS

by Brian Mahany The IRS is a giant publicity machine. Just look at the number of indictments announced by the agency during tax filing season. Or how the Justice Department can be losing 30% of its tax division prosecutors while at the same time the IRS claims they are clamping down on tax cheats. Often [...]

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Good News For Tax Evaders?

by Brian Mahany In recent years we have had very little good news for taxpayers under criminal investigation for unreported foreign accounts or tax evasion. While we have a great track record, nationally the U.S. Department of Justice boasts a conviction record in the high 90′s percentile.  Although that impressive record isn’t threatened, the number [...]

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It Can’t Happen Here… Can It?

by Brian Mahany Although we are best known for our foreign reporting tax work, we handle many criminal tax cases. While we see a fair number of people with unreported foreign bank and brokerage accounts, we also see the traditional “bread and butter” tax evasion cases involving cash transactions or two sets of books. Often [...]

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