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By Matthew D. Lee and Jonathan Wasser
The Internal Revenue Service plans to provide widespread penalty relief for the late filing of certain tax and information returns for the 2019 and 2020 tax years.
According to Notice 2022-36, this latest penalty relief initiative — which is automatic — is…
Continue Reading Internal Revenue Service Announces Sweeping Penalty Relief for 2019, 2020 Tax ReturnsMatthew D. Lee authored the Bloomberg Tax article, “US Supreme Court to Settle Long-Disputed FBAR…
Continue Reading US Supreme Court to Settle Long-Disputed FBAR Penalty IssueBrian Bernhardt Featured on The Confident Retirement Podcast, Speaking about his Tax Controversy and Tax Litigation Practice
A former trial attorney for the IRS, Fox Rothschild Counsel Brian Bernhardt has a unique…
Continue Reading Brian Bernhardt Featured on The Confident Retirement Podcast, Speaking about his Tax Controversy and Tax Litigation PracticeBeginning with the 2022 tax year, Georgia residents may claim a $3,000 tax exemption on…
Continue Reading Georgia Residents Eligible for $3,000 Tax Exemption for Each ‘Unborn’ ChildThe Latest
The U.S. Supreme Court has agreed to resolve a dispute concerning the maximum applicable penalty for non-willful violations of the foreign bank account reporting statute. The Ninth and Fifth circuit…
Continue Reading US Supreme Court to Review Non-willful FBAR PenaltyUS Launches Nationwide Coordinated Law Enforcement Action to Combat Health Care-Related COVID-19 Fraud
As part of its ongoing effort to crack down on health care-related COVID-19 fraud, the U.S. Justice Department has launched a nationwide coordinated law enforcement action…
Continue Reading US Launches Nationwide Coordinated Law Enforcement Action to Combat Health Care-Related COVID-19 FraudNew Interagency COVID-19 Fraud Strike Force Intensifies Investigations of Pandemic Relief Loans
Vanessa R. Waldref, the U.S. Attorney for the Eastern District of Washington, recently announced the creation of a new interagency COVID-19 Fraud Strike Force to combat…
Continue Reading New Interagency COVID-19 Fraud Strike Force Intensifies Investigations of Pandemic Relief LoansThe Internal Revenue Service has announced the first installment of its annual “Dirty Dozen” list of tax scams. Published every year, the “Dirty Dozen” comprises the twelve most prevalent tax…
Continue Reading Internal Revenue Service Unveils “Dirty Dozen” Tax Scams for 2022Lenders Are Newest Justice Department Targets for Paycheck Protection Program Fraud
By Marissa Koblitz Kingman and Matthew D. Lee
With the arrest of the CEO of a New Jersey non-bank lender, the U.S. Department of Justice appears to have entered a…
Continue Reading Lenders Are Newest Justice Department Targets for Paycheck Protection Program FraudBank Fraud Involving PPP Loans Could Lead to Prison Time, Even for Relatively Small Advances
By Marissa Koblitz Kingman
The U.S. Department of Justice has recently begun charging defendants with bank fraud in relation to Paycheck Protection Program loans as part of its continuing efforts…
Continue Reading Bank Fraud Involving PPP Loans Could Lead to Prison Time, Even for Relatively Small AdvancesIan M. Comisky was featured in the Bloomberg Tax article, “Spotlight on Tax Controversy Partner Ian Comisky.” View the full article.
Continue Reading Spotlight on Fox Rothschild Tax Controversy Partner Ian ComiskyFederal Judges Imposing Increasingly Harsh Prison Sentences for Paycheck Protection Program Fraud
By Matthew D. Lee and Marissa Koblitz Kingman
The U.S. Department of Justice continues to seek long prison sentences for those convicted of COVID-19 related fraud. Recently, courts have agreed…
Continue Reading Federal Judges Imposing Increasingly Harsh Prison Sentences for Paycheck Protection Program FraudThe Presumption of Innocence is a new podcast on hot topics in the world of white-collar criminal and regulatory enforcement featuring Matthew S. Adams and Matthew D. Lee, Co-Chairs…
Continue Reading The Presumption of Innocence Podcast – Episode Two