In the wake of a precedent-setting federal court ruling earlier this week that the IRS can seek the names of Americans holding secret accounts from Swiss-based UBS AG, the agency…
In a reportedly unprecedented court order, a federal judge in Miami has ordered Swiss-based UBS AG to reveal the names of U.S. residents who have been using secret accounts to…
Updated: The Department of Justice is trying to get an unprecedented federal court order requiring a Switzerland bank to turn over the names of wealthy U.S. residents who maintained secret…
Recent court filings concerning a tax evasion plea deal by billionaire Igor Olenicoff may cast a brighter light on similar efforts by less-wealthy individuals to evade U.S. income tax.
An international crackdown on holders of once-secret offshore bank accounts is putting some wealthy clients of U.S. lawyers on the hot seat as they try to figure out what to…
Updated: The U.S. Supreme Court has ruled that states may favor municipal bonds issued within their borders by exempting interest on them from taxation, SCOTUSblog reports.
Prosecutors are expected to issue a subpoena seeking the names of wealthy U.S. clients using the services of Swiss bank UBS AG to avoid income taxes. Ultimately the probe could…
Updated: “Hundreds and hundreds” of New York lawyers will be implicated in a statewide scheme in which non-employees have improperly been enrolled in the public pension system, the state attorney…
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