Masood Chotani, a former CPA who spent the last three years as a fugitive in Pakistan, was arraigned July 12 on charges that he conspired to defraud the United States and made false claims for income tax refunds.
On July 10, a Newport News, Virginia, federal grand jury indicted Jeffrey Charles for conspiring with his daughter and son-in-law to defraud the United States, the Justice Department and the IRS announced.
Ellen Meredith Stubenhaus, previously of Lake Worth, Florida, and later an expatriate living in Costa Rica, was sentenced to sixty months in prison. She previously had plead guilty to conspiracy to defraud the United States.
"Doomsday prophet" Ronald Weinland was found guilty of federal tax evasion on June 13. It appears the jury didn't buy in to Weinland's excuse: he didn't pay his taxes because he believed the world was coming to an end.
Apparently, singer Lauryn Hill has changed her tune about her tax troubles. June 29, the Grammy award winner pleaded guilty to failure to pay federal income tax on more than $1.8 million earned by four corporations she owns.
BDO USA LLP (BDO) the seventh largest US accounting firm, agreed on June 12 to pay a civil penalty of $34.4 million to the IRS and forfeit $15.6 million to the US government as part of a deferred prosecution agreement.
The iconic showman George Cohan's most enduring legacy may be traced back to a landmark US Tax Court decision permitting him to deduct business expenses, even though he didn't have all the receipts needed to back up his claims.
Baseball Hall of Famer Tony Gwynn is seeking to acquire an ownership interest in his former team, the San Diego Padres. But there's a potential problem - he reportedly owes more than $400,000 in back taxes.