What Gets the Attention of IRS

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Two of the more high-profile cases of tax evasion are the IRS investigation of Credit Suisse bank and the imprisonment of rapper Ja Rule. Credit Suisse was investigated for allegedly helping American taxpayers hide their income in offshore bank accounts just like what another Swiss bank, UBS did in 2009. Multi-award winning rapper Ja Rule was convicted of tax evasion on $3 million he earned and sentenced to 28 months’ jail.

Do these highly publicized cases mean that the IRS is increasing its battle against of tax evasion by individuals and businesses?

Please see full article below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Darrin Mish, Tampa Tax Attorney, The Law Offices of Darrin Mish, P.A. | Attorney Advertising

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