Archive | Unreported Income

Attorney Sentenced to Jail for Failure to File and Pay Taxes

April 28, 2016  |   Posted by :   |   Tax Evasion,Unreported Income   |   0 Comments

Paul Stockler, a California licensed attorney was sentenced to 14 months in jail for failure to file and pay income tax. Instead, he spent the money on a lavish lifestyle and did not pay income taxes for three years (2006, 2008, 2009). Even lawyers must pay their taxes. For complete story see L.A. Times article, […]

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IRS OVDP- Taxpayer Willfulness – Tax Evasion

April 07, 2016  |   Posted by :   |   Tax Evasion,Unreported Income   |   0 Comments

For criminal prosecution for federal tax evasion, taxpayer “willfulness” is required. In the case of Cheek v. US (1991) 498 US 192, the US Supreme Court stated that a taxpayer’s “good faith belief” that he was not required to file tax returns would negate taxpayer willfulness (i.e. taxpayer intent required for the crime of tax […]

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Soccer Star, Neymar, Guilty of Tax Evasion

March 21, 2016  |   Posted by :   |   Tax Evasion,Unreported Income   |   1 Comment

Soccer start, Neymar (star forward for Barcelona, 24 year old Brazilian, formerly of team Santos) has been reportedly found guilty of tax evasion in Brazil and fined 45.9m Euros (over $50m/US) for failing to declare 2012-2014 earnings to avoid payment of 53.6m Euros in taxes on income received from his former team, Santos and endorsement […]

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Criminal Tax Evasion – Part 2

January 14, 2016  |   Posted by :   |   Tax Evasion,Unreported Income   |   0 Comments

Tax Advisors (Attorneys/CPAs) who render tax advice to a taxpayer for offshore accounts (or other tax matters) may have no attorney-client privilege and may themselves be subject to criminal penalties. US Taxpayers with undisclosed offshore accounts face a myriad of civil and criminal tax penalties. In addition, the Taxpayer may not have the attorney-client privilege […]

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Criminal Tax Evasion – Part 1

January 12, 2016  |   Posted by :   |   Tax Evasion,Unreported Income   |   0 Comments

Under IRC Section 7525 (A) (enacted 7/22/98): With respect to tax advice, the common law protections that apply to a communication between a taxpayer and an attorney applies to a communication between a taxpayers and any Federally Authorized Tax Practitioner (“FAPT”) (which includes attorneys, cpas, enrolled agents, see IRS Pub 947, and Treasury Dept. Circular […]

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If the I.R.S. Is Watching You, You’ll Pay Up

January 07, 2016  |   Posted by :   |   Tax Evasion,Unreported Income   |   0 Comments

By  Patricia Cohen, NYTimes.com What would be more likely to get you to report the whole truth and nothing but the truth on your tax returns? A notice that says “Don’t cheat” or one that says “Don’t be a cheater”? As it turns out the personalized injunction works better than the more generalized abstract principle […]

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Supermodel Bar Refaeli Charged With Tax Evasion

December 23, 2015  |   Posted by :   |   Tax Evasion,Unreported Income   |   0 Comments

By Kelly Phillips Erb, Forbes.com Bar Refaeli, one of the world’s most recognizable supermodels, has been arrested on charges of tax evasion in Israel. According to Agence France-Presse, Refaeli was arrested at her home alongside her mother, Tzipi, and questioned by police for several hours. Refaeli has been accused lying about her residency in order […]

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Former SAG pension plan executive pleads guilty to tax charge

November 24, 2015  |   Posted by :   |   Tax Evasion,Unreported Income   |   0 Comments

By Richard Verrier, LATimes.com A former chief information officer of the Screen Actors Guild’s Producers Pension and Health Plans has pleaded guilty to filing a false tax return. Nader Karimi, 51, of Los Angeles pleaded guilty Thursday to one felony count of filing a false tax return. The U.S. attorney’s office said Karimi failed to […]

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Alaska Plastic Surgeon Convicted of Wire Fraud and Tax Evasion

November 15, 2015  |   Posted by :   |   Tax Evasion,Unreported Income   |   0 Comments

The doctor faces a maximum sentence of 95 years in prison and a fine of up to $1.75 million. From Justice.gov An Alaskan plastic surgeon was convicted today of four counts of wire fraud and three counts of tax evasion by a federal jury sitting in Anchorage, Alaska, announced Acting Assistant Attorney General Caroline D. […]

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The IRS & Offshore Tax Evasion: Athletes, Celebrities and Investors

November 10, 2015  |   Posted by :   |   International Tax Planning,Tax Evasion,Unreported Income   |   0 Comments

On October 22, 2015 The Wolfe Law Group hosted their annual event, at the Peninsula Hotel, Beverly Hills. This year’s event topic was The IRS & Offshore Tax Evasion: Athletes, Celebrities and Investors. A wine tasting preceded the seminar with wines supplied by double gold award winning winery, Pomar Junction, San Luis Obispo. Speakers at […]

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