Businesses that face whistleblower claims can find themselves facing huge financial losses. These claims generally involve a former employee or contractor who discloses information that they believe the government could use to build a case against the business for a...
Serving Individual And Corporate Tax Clients Nationwide From Our New York, New Jersey, Florida And California Offices
Steven Goldburd and Benjamin A Goldburd
Since 1983, our tax firm has skillfully represented individuals and corporations across the United States and around the globe from our offices in New York, New Jersey, California and Florida.
Criminal Tax Issues
IRS announces Dirty Dozen, leading taxpayers to wonder if their tax planning strategy might be bogus
For more than twenty years, the Internal Revenue Service (IRS) has released a list of top tax issues for the year in an effort to help keep taxpayers from falling victim to potential scams. This year, one of the top scams the agency is calling involves promotors...
IRS update on ERC claims: Agency will deny thousands and may pursue charges against small business owners
The Internal Revenue Service (IRS) has made it clear that it is coming after anyone that took advantage of the Employee Retention Credit (ERC) during and after the COVID-19 pandemic. Although their goal is noble — to make sure tax cheats are not bilking the system —...
IRS and the biggest tax evasion case ever
The federal government recently accused a Texas entrepreneur of over $2 billion in tax evasion. The case, if successful, will mark the biggest tax evasion case against a U.S. citizen in the country’s history. The government has a 39-count indictment against the...
Too good to be true? Three ways to tell the difference between tax savings and tax crime.
It is not uncommon for the allure of aggressive tax strategies to lead well-intentioned taxpayers astray. For high net-worth individuals and small business owners, the line between legitimate tax savings and illicit tax evasion can sometimes seem blurred. Here are...
Steering clear of tax trouble: Lessons from New York tax law crackdowns
New York officials continue to crackdown on allegations of tax fraud. In one recent example, New York authorities sentenced a local restaurateur to two years imprisonment for tax evasion. The authorities claim that the businessman diverted profits for personal use and...
Lottery winning and tax fraud: Can I go to prison if I don’t report?
It is easy to see winning the lottery or leaving a weekend in Vegas with a bit of extra change in your pocket as extra cash. We may dream of using the money to splurge, to buy something we wouldn’t normally consider purchasing, but it is wise to take a moment to think...
Tax evasion: not just for the Regular Joe. Four examples of celebrities convicted of tax evasion
The Internal Revenue Service (IRS) and local state taxing authorities can claim many high-profile cases. These federal and state agencies will go after taxpayers who have not met their obligations, ranging from the regular guy next door to mega-stars. Tax crime...
Tax return professionals and errors: Can I go to prison?
The federal government expects those who hold themselves out as professionals to act as such. When it comes to tax return professionals, this can mean that the feds will aggressively pursue allegations of poor filing practices. This can quickly escalate into...
Tax return professionals: What are the penalties for tax fraud?
The Internal Revenue Service (IRS) expects those who take on tax professions to know and abide by the Tax Code. A failure to do so can result in various allegations of civil and criminal wrongdoing, including fraud. Does the government really go after tax return...