Tax Court Confirms $17M Informant Award For Whistleblowers

From Law 360 By Chuck Stanley Law360, Washington (January 31, 2017, 5:21 PM EST) -- The U.S. Tax Court on Friday awarded husband-and-wife whistleblowers $17.8 million for their role taking down a $74 million corporate tax fraud scheme, denying the IRS’ motion for reconsideration. The decision upholds the court’s previous ruling that awards to whistleblowers should be based on all of the money collected by the U.S. Read More

Additional Pleas to Offshore Account Tax Crimes

DOJ Tax announces, here, the plea to three U.S. offshore account holders.  The banks are the usual suspects -- UBS, Credit Suisse, Bank Leumi and others -- in Switzerland and Israel.  Each of the three related persons -- Dan Farhad Kalili, David Ramin Kalili and David Shahrokh Azarian -- pled to one count of failure to file FBARs, a five year felony.  Sentencing is later. The key excerpts are: Beginning in May 1996, Read More

Dormant Accounts: How a Theft Changed Swiss Banking

From FiNews It is twenty years now that a night guard stole documents destined for the shredder at the predecessor of UBS in Zurich. The theft indirectly caused one of the biggest ever crisis for Swiss banking. And is exemplary for the woes of a once proud industry. Christoph Meili was doing his shift at Union Bank of Switzerland in the night to January 9, 1997, when he spotted documents ready for destruction. He Read More

Weisberg Kainen Mark, PL Featured by South Florida Legal Guide

Weisberg Kainen Mark, PL was recently featured by South Florida Legal Guide! Click here to read the feature. Read More

Westchester County Attorney Charged with Failing to File Tax Returns for Three Years

William O’Hagan, who is also a CPA, is accused of intentionally failing to pay NYS more than $86,000   The New York State Department of Taxation and Finance today announced the arrest and arraignment of a PricewaterhouseCoopers tax partner who allegedly failed to file his state personal income tax returns three years in a row. William J. O’Hagan, 56, of 940 King Street, Chappaqua, was charged with two counts Read More

Texas Doctor Fights $4.3M IRS Fine Over Withholding Issues

By Natalie Olivo Law360, New York (December 9, 2016, 9:33 PM EST) -- The founder of a medical services provider asked a Texas federal judge on Friday to reconsider a $4.3 million tax judgment against him, arguing that he should only have to pay $100,000, the available funds he withheld from the Internal Revenue Service upon learning of his company's tax liabilities. Robert L. McClendon urged U.S. District Judge Lee Read More

10th Circ. Agrees With Tax-Evading Kansas Atty's Conviction

Law360, New York (November 16, 2016, 7:37 PM EST) -- The Tenth Circuit on Wednesday affirmed the criminal conviction of a Kansas attorney who failed to pay more than $1 million in taxes and tried to dodge the IRS by having his law firm cover his personal expenses, rejecting his argument that the evasion was improperly found to be willful. In a published opinion, U.S. Circuit Judge Paul Kelly Jr. dismissed arguments Read More

Weisberg Kainen Mark Awarded by Best Lawyers

Best Lawyers, the oldest and most respected attorney ranking service in the world, has announced its 2017 list for Best Law Firms across the country. Weisberg Kainen Mark has been listed in Tier 3 Nationally for Tax Litigation, Tier 2 in Miami for Tax Law, and Tier 1 in Miami for White Collar Criminal Defense and Tax Litigation. Click here to learn more about Best Lawyers and the selection process. Read More

Ex-IRS Special Agent Charged With Filing False Tax Returns

By Cara Bayles Law360, San Francisco (October 21, 2016, 8:14 PM EDT) -- A former Internal Revenue Service special agent was indicted by a federal grand jury in Sacramento on Thursday on charges she filed false tax returns from 2009 to 2011 for herself and her family, made false statements to the Treasury Department and tried to obstruct a federal investigation into her alleged fraud. The indictment alleges Alena Read More

Ex-US Tax Judge Pleads Guilty In 10-Year Tax Cheat Scheme

By Suevon Lee Law360, Los Angeles (October 21, 2016, 10:22 PM EDT) -- Former U.S. Tax Court Judge Diane L. Kroupa pled guilty in Minnesota federal court on Friday to conspiring with her husband to cheat on their taxes during a 10-year stretch, including understating their taxable income by $1 million, federal officials said. Kroupa, 61, who was appointed to the United States Tax Court in 2003 for a 15-year term but Read More