Articles Posted in Criminal Tax

Yesterday, the U.S. Department of Justice announced a major guilty plea in line with their goal of curtailing the use of foreign bank accounts by Americans to conceal taxable assets. Credit Suisse bank pleaded guilty to one count of conspiring to aid Americans evade taxes by hiding their wealth in…

United States citizens have an obligation to report to the IRS on Schedule B of their U.S. Individual Income Tax Return, Form 1040, whether they had a financial interest in, or signature authority over, a financial account in a foreign county in a particular year by checking “Yes” or “No”…