by Igor Drabkin | Jan 17, 2024 | Criminal Tax, Internal Revenue Service, Tax Litigation
New Federal Reporting Requirement for Beneficial Ownership Information (BOI) Beginning on January 1, 2024, the Corporate Transparency Act went into effect, requiring many companies in the United States to report information about their beneficial owners, i.e., the... by Igor Drabkin | Dec 4, 2023 | Criminal Tax, FBAR, Internal Revenue Service, Offshore Income
Swiss private bank Banque Pictet et Cie SA entered into a deferred prosecution agreement with the Department of Justice, admitting to conspiring with U.S. taxpayers and others to hide more than $5.6 billion in 1,637 secret bank accounts and to conceal the income... by Igor Drabkin | Oct 19, 2023 | Audit, Criminal Tax, Employment Tax, Internal Revenue Service
Today, in an attempt to further deal with the Employee Retention Credit (ERC) refund scams, the IRS announced a new process for withdrawal of inappropriate ERC claims. This new withdrawal option allows certain employers that filed an ERC claim but have not yet... by Igor Drabkin | Jul 18, 2023 | Audit, Criminal Tax, Internal Revenue Service, Tax Collection
On July 14, 2023, the IRS issued a release, IR-2023-126, discussing the agency’s improvements in taxpayer service and modernization efforts. From the compliance enforcement standpoint, the IRS announced that it will continue to focus on high income, high net worth... 
by Michele Weiss | Mar 6, 2023 | Criminal Tax, Internal Revenue Service, Uncategorized
Michele Weiss, principal at Holtz, Slavett & Drabkin, will moderate a panel on IRS Criminal Tax Enforcement and Priorities. The panel will be a Beverly Hills Bar Association webinar and will take place on Tuesday, March 7, 2023, from 12:30 to 1:30 p.m. The... 
by David J. Warner | Jan 24, 2023 | Criminal Tax, Internal Revenue Service
Holtz, Slavett & Drabkin tax attorneys, principals, and shareholders Igor S. Drabkin and David J. Warner will be co-presenting a Strafford webinar for CPAs entitled “IRS Criminal Examinations: Handling Eggshell Audits, Identifying Criminal Issues, Responding...