Eleventh Circuit Sustains Willful FBAR Penalty, But throws the Taxpayer a Bone
By: Anthony N. Verni Attorney at Law, CPA
September 5, 2024
©2024
Eleventh Circuit Sustains Willful FBAR Penalty, But throws the Taxpayer a Bone
On September 4, 2024, the United States Court of Appeals for the 11th Circuit in…
EMPLOYMENT TAX AUDITS ON THE RISE SECTION 6672 PENALTY AND CRIMINAL PROSECUTION
By: Anthony N. Verni, Attorney at Law, CPA
August 13, 2024
®2024
EMPLOYMENT TAX AUDITS ON THE RISE
SECTION 6672 PENALTY AND CRIMINAL PROSECUTION
Employment tax audits are on the rise and so too is the exposure to those individuals …
TAXPAYER’S PERSONAL CRISIS NO DEFENSE TO WILLFUL FBAR PENALTY
By: Anthony N. Verni, Attorney at Law, CPA
August 13, 2024
©2024
TAXPAYER’S ADHD DIAGNOSIS, STRESS, DEPRESSION AND STAGE 3 PROSTRATE CANCER
NO DEFENSE TO WILLFUL FBAR PENALTY
On August 6, 2024 the U.S. District Court for…
PERMANENT LAWFUL RESIDENT PROCEDURES FOR U.S. TAX EXPATRIATION
By: Anthony N. Verni, Attorney of Law, CPA
Date: August 6, 2024
©2024
PERMANENT LAWFUL RESIDENT PROCEDURES FOR U.S. TAX EXPATRIATION
Any decision regarding expatriation from the United States for tax purposes should include consultation…
THAI RESIDENTS MUST NOW PAY THAI INCOME TAX ON FOREIGN SOURCE INCOME
The Thai Revenue Department recently issued Order No. 16/2023 (the “Order”), which marks a significant shift in Thai tax policy as it relates to Thai Residents, who derive income from foreign sources or own offshore assets. The Order, which…
LARGE TAX REFUNDS AND THE GHOST PREPARER
Earlier this year a Charlotte man was charged with tax fraud in a 20 count criminal indictment, charging him with aiding and assisting in the preparation and filing of false returns over a five year period.
According to the allegations, between…
FBAR PROSECUTIONS-FORMER CFO SENTENCED TO EIGHTY SIX MONTHS IN PRISON
On September 21, 2023 a former CFO of a Russian natural gas company was sentenced to seven years in prison, ordered to pay $4 million dollars in restitution and an additional $350,000 in fines in connection with a number of tax and financial…
WHAT DO OFFERS IN COMPROMISE AND ALUMINUM SIDING HAVE IN COMMON?
After many years, I decided to watch Tin Men again. It is a 1987 movie starring Danny DeVito and Richard Dreyfuss, both of whom are aluminum siding salesman in Baltimore in the late sixties. They run multiple scams, including “Life Magazine”…
