2010-08-30
Just in case you thought the U.S. government wasn’t going after taxpayers that are committing tax fraud, you should review some of the recent press releases from the U.S. Department of Justice. The press releases demonstrate an impressive list of tax-related convictions, guilty pleas, injunctions, summonses, and other actions against taxpayers (and tax preparers). Many of the tax fraud schemes include offshore activities. See, for instance:
Perhaps the most surprising/disappointing thing is the large number of tax advisors on the list. Even well a known tax advisor has recently been in the news for pleading guilty to failing to file federal income tax returns.