Lawyers

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  Influential Lawyer Who Called for End to Trump Criminal Cases Indicted for Tax Evasion, Allegedly Owes Millions

  A top Supreme Court lawyer has been indicted on federal tax evasion charges after he paid off hefty amounts of debt accrued from high-stakes poker games using money from his law firm.

• Securities and Exchange Commission concludes probe on Caterpillar while IRS, federal grand jury continue investigation

  The Securities and Exchange Commission finished its investigation on Caterpillar regarding probable tax evasion involving Swiss unit Caterpillar SARL. Probes from the Internal Revenue Service and a federal grand jury are still ongoing.

• Seattle IRS Agent will be brought to trial after allegedly taking bribes

  Trial for the former Seattle IRS agent allegedly taking bribes will move forward. Full story regarding the case in here.

• Clinton charities refile six years of tax returns to amend errors

  The Bill, Hillary & Chelsea Clinton Foundation and an associated charity refiled tax returns for six years with the U.S. Internal Revenue Service to amend their reporting of donations from foreign governments and other errors, the charities said on Monday.

• Clinton Foundation admits making mistakes on taxes

  The Clinton Foundation's acting chief executive admitted on Sunday that the charity had made mistakes on how it listed government donors on its tax returns and said it was working to make sure it does not happen in the future.

• Texas Wyly brothers must pay $299 million in SEC fraud case: judge

  A federal judge on Thursday ordered Texas tycoon Sam Wyly and his late brother's estate to pay the U.S. Securities and Exchange Commission $299.4 million for engaging in securities fraud.

• UBS whistelblower Birkenfeld lodges request for return to Europe

  Ex-UBS banker Bradley Birkenfeld, a whistleblower in a tax fraud case involving the Swiss bank for which he was awarded $104 million after serving more than two years in prison, has lodged a request to be allowed to return to Europe.

• Microsoft sues IRS for details of probe on internal transactions

  Microsoft sued the Internal Revenue Service on Monday, seeking information about a law firm hired by U.S. tax authorities in a review of how the software company books sales between subsidiaries.

• Federal jury finds Florida senior citizen owes the IRS 1.5 times more than Swiss bank account

  According to Bloomberg, the fines recommended by a Miami jury on 87 year-old Carl Zwerner, which is 150% of his Swiss bank account for failing to file a Report of Foreign Bank and Financial Accounts,was excessive considering that it was a civil case.

• US slaps federal fraud, tax charges on NY congressman

  In a press conference on Monday, it was revealed that New York Representative Michael Grimm has been charged with federal fraud and tax-related charges stemming from his operation of a Manhattan restaurant prior to his political career, Fox News reported.

• Home builder falls victim to identity theft after IRS, local tax authority notices on fraudulent tax filings

  Law and tax authorities urge taxpayers to at least file a report to aid in the investigation when falling victim to a fraudulent transaction, Martha's Vineyard Times reported.

• Bitcoin will be treated as property by the IRS

  Internal Revenue Service said on Tuesday that the Bitcoin is not legal tender and it should be declared to be subject under property tax codes, the Los Angeles Times had said.

• US federal court charges Swiss asset manager of tax fraud

  An indictment unsealed at a Manhattan federal court revealed how Peter Amrein conspired with Edgar Paltzer on helping clients hide their assets to avoid US tax authorities.