IR-2018-171 that it is moving to better protect taxpayer data, in a new format for individual tax transcripts that will redact personally identifiable information from the Form 1040 series.On August 22, 2018, the IRS announced in This new transcript replaces the previous format and will be the default format available via Get Transcript Online, Get…
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You Don't Send Me Flowers Anymore – Jail Time for Tax Fraud
According to the DoJ, a Pennsylvania couple that owned and operated an internet floral business were sentenced to prison today for failing to pay over employment taxes to the Internal Revenue Service (IRS) and for filing fraudulent personal and corporate tax returns Andrew Bassaner (aka Andrew Bunchuk) was sentenced to 42 months in prison, and his…
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Manafort Found Guilty On Tax Fraud & Failure to Report Offshore Financial Accounts (FBAR)
On March 13, 2018 we posted More Charges Against Ex-Trump Campaign Chair Including Offshore Account Violations! where we discussed that President Donald Trump's former campaign chairman, Paul Manafort, and an alleged co-conspirator have been indicted on charges of conspiracy against the United States, money laundering and bank records charges tied to close to a decade of…
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LA Man Pleads Guilty to Not Reporting Over $1 Million Held in Israeli Offshore Accounts
According to the DoJ, a Los Angeles man pleaded guilty on August 20, 2018 in U.S. District Court for the Central District of California to willfully failing to file a Report of Foreign Bank and Financial Accounts (FBAR), which would have disclosed his foreign bank accounts. According to court documents, Ben Zion Birman, of Los…
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