Category: Tax Evasion and Fraud

IRS Names Top 12 Tax Scams for 2015

The Internal Revenue Service has identified twelve fraudulent tax scams for taxpayers to avoid this tax season. The list contains includes warnings against scams such as phishing (fake emails/websites), phone scams and identity theft. It also includes fraudulent tax practices such as hiding offshore accounts, inflating tax returns and falsifying documents.

Continue Reading


The Foreign Account Tax Compliance Act (FATCA) was enacted by Congress in 2010 as a way to target non-compliance by U.S. taxpayers using foreign accounts. Here are some statistics and numbers related to FATCA’s implementation.

Continue Reading

3 Significant Tax Related Court Decisions of 2013

Who says tax law is boring? Here are three court decisions from 2013 that will have a significant impact tax cases and tax law in the future.

Continue Reading

Swiss Bank to Pay $74 Million in Tax Evasion Case

Wegelin & Co., Switzerland’s oldest bank, has agreed to pay $74 million to the United States to settle charges that it aided U.S. taxpayers in evading taxes. This is the first time a foreign bank has plead guilty to U.S. tax law violations. In pleading guilty, Wegelin acknowledged the government’s claims that it hid more than $1.2 billion in secret accounts for U.S. clients. According to the Justice Department, Wegelin conspired with U.S. taxpayers, to hide assets held in offshore bank accounts from 2002 – 2011.

Continue Reading

IRS Veterans Join The McMahon Law Office 

I am pleased to announce that Internal Revenue Service veterans, Jeremiah O’Sullivan and Paul Reska have joined the McMahon Law Office. As the government continues to focus on revenue collection, I have seen a sharp increase in the demand for experienced professionals capable of handling difficult tax disputes. Jeremiah and Paul’s in-depth knowledge of the IRS audit and appeals processes allows me to grow the firm and assist more taxpayers.

Continue Reading

New Filing Compliance Procedures for Non-Resident U.S. Taxpayers Go Into Effect September 1, 2012

The Internal Revenue Service’s new procedures to help U.S. citizens residing overseas, including dual citizens, catch up with tax filing obligations go into effect on September 1, 2012. If you are a U.S. taxpayer residing abroad and you haven’t been filing tax returns or Reports of Foreign Bank and Financial Accounts (FBARs), you may be able to come into compliance and avoid penalties or additional enforcement actions.

Continue Reading

Swiss Court Says No to US Request for Bank Data in Tax Evasion Case

Switzerland’s Federal Administrative Court ruled that the tax office cannot release Credit Suisse bank data to the Internal Revenue Service (IRS). The IRS requested administrative assistance under the 1996 U.S.-Swiss Double Tax Treaty.

Continue Reading

Agency Watchdog Accuses IRS of “Bait and Switch” with Voluntary Disclosure Programs

The Internal Revenue Service has persuaded U.S. taxpayers to disclose hidden offshore bank accounts but then sometimes failed to cap the penalties, as promised, an agency watchdog said on Wednesday, accusing the IRS of “bait and switch.”

Continue Reading

Contact Us

    Your Name (required)

    Your Email (required)

    Your Mobile Phone Number (required)



    The information contained in the McMahon & Tivnan, PC website is solely for informational purposes and does not create an attorney-client relationship or constitute legal advice. Unsolicited information transmitted electronically to our attorneys via this website or the Internet is not considered confidential.