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U.S. Government Continues to Pursue Taxpayers Committing Tax Fraud

2013-06-01

As we reported last year, the U.S. government actively pursues taxpayers that are committing tax fraud. The Justice Department publicizes its successes in its press releases. The press releases continue to 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:

Wisconsin neurosurgeon convicted of filing false tax return and failing to file report of foreign bank accounts

California UBS clients sentenced to prison for hiding assets in secret bank accounts around the world

Three tax return preparers charged with helping clients evade taxes by hiding millions in secret accounts at two Israeli banks

South Florida retired businessman pleads guilty to failing to disclose assets held in Swiss banks

Arizona businessmen and California attorney convicted for hiding millions in secret foreign bank accounts at UBS AG and Pictet & Cie

Self-proclaimed "president" of sovereign citizen nation convicted in Alabama of federal tax crimes

California man pleads guilty to failure to report foreign bank accounts at UBS

South Florida woman pleads guilty to failing to disclose income from Swiss bank accounts and agrees to $21 million penalty

Tags: Other - Tax Fraud