The Accidental Kenyan – What If Other Countries Adopted Their Own FATCA Law?
by Brian Mahany The title of this post, The Accidental Kenyan, comes from an editorial in the Vancouver Sun earlier this week. It is destined to become a classic among the tax bar so we have posted a...
View ArticleOVDP Penalties – 27.5%? 12.5%? 5%?
by Brian Mahany Folks not familiar with the current IRS tax amnesty program for unreported offshore accounts are often confused about how much in penalties will be collected if they successfully enter...
View ArticleTwo Taxpayers Who Failed To File FBARS Headed To Prison
by Brian Mahany A couple years ago, headlines like this would have been shocking. Although federal law has for years required U.S. taxpayers to declare their offshore bank and brokerage accounts, only...
View ArticleHiding Money From Uncle Sam In Korea? The IRS and NTS Are Looking For You
by Brian Mahany First is was unreported Swiss bank accounts. Then the Caymans. Then India, China and the list goes on. Now the IRS and South Korea’s National Tax Service are teaming up and comparing...
View ArticleThink No One Will Discover Your Offshore Account? Read This!
by Brian Mahany We are never surprised anymore when the feds announce a new wave of indictments against taxpayers with unreported accounts. Until 2008, the IRS didn’t look very hard and prosecutions...
View ArticleWorried About OVDI / OVDP Penalties? Don’t! Payment Options Are Available
by Brian Mahany We frequently encounter absolute shock when we tell prospective clients about the potential penalties for an unreported foreign account. Miss filing an FBAR (that’s Treasury jargon for...
View ArticleDetroit Metro Bribery Scandal? Again? (Whistleblower Reward Post)
Airport construction contracts can involve billions of dollars. Much of that money comes from taxpayers. As I write this post from LaGuardia Airport, a billboard boldly claims that the new LGA makeover...
View ArticleCryptocurrency by the Numbers
Statistics can be fascinating. Today we are bombarded with almost too much data and information. By using statistics, we can better digest that information and bring order to raw data. Of course, with...
View ArticleFLSA Update – Supreme Court and Class Action Waivers
The Supreme Court’s recent Murphy Oil decision regarding class action waivers is a disaster for American workers and those that believe in good corporate governance. Last week a closely divided court...
View ArticleAutism, Medicare Fraud & Applied Behavioral Analysis
The Centers for Disease Control and Prevention says that 1 out of 59 American children are autistic. Hundreds of thousands school age children have autism, a range of conditions characterized by...
View ArticleWho Took My Cheese? ($100,000 Reward Offer)
Is McDonald’s Cheese Overcharge Suit a Tort Reformists’ Conspiracy? Florida Attorney John Uustal Is Offering a $100,000 Reward to Find Out You’ve probably already heard about it. Somebody is going to...
View ArticleTakata Court Restitution Fund Update
Special Master Overseeing $1 Billion Restitution Fund Issues Report [Ed. Note: This post discusses the efforts of the criminal case against Takata to secure monies for victims of defective Takata...
View ArticleFannie Mae, Freddie Mac Price Manipulation Investigation
$1.6 Million Award for Information! Seeking Whistleblower with Inside Information about Price Manipulation of Fannie Mae and Freddie Mac Unsecured Bonds The U.S. Department of Justice has opened a...
View Article$24 Million Mini-Fridge? Defense Contractor Spending Run Amok
$24 Million Dollar Refrigerators…Seeking Defense Spending Whistleblowers It wasn’t too many years ago we were reading about defense contractors charging $900 for a hammer and $2000 for a toilet seat....
View ArticleTakata Airbag Recall Update – Do More People Have to Die?
Feds Want Answers Why Automakers Stalling with Replacement Airbags The National Highway Transportation Safety Administration (NHTSA) is asking tough questions of automakers and why they are dragging...
View ArticleAir Ambulance Kickback Investigation
Many years ago, I worked as a sheriff’s deputy and K9 handler in the north Maine woods. If you were severely injured, the nearest level one trauma center was hours away. For a logger severely injured...
View ArticleAnd Then There is Broward Health… Medicare Fraud Post
Updated June 2018. Healthcare fraud is a spectator sport in south Florida. We literally can’t keep up with the number of indictments, convictions and False Claims Act whistleblower cases involving...
View ArticleWorkers Sue Lubbock National Bank Over Dubious Stock Purchase- ERISA Post
TBM Consulting Workers Sue Lubbock National Bank for ERISA Fraud TBM Consulting bills itself as experts in supply chain technology. Based in Morrisville, North Carolina, the company was founded in...
View ArticleCorruption Caribbean Style – FCPA Post
This post may seem a bit off topic at first but it reveals how corruptly much of this world operates. And where there is corruption, there are often corporate players involved. Corrupt politicians only...
View ArticleBanks and the FCPA – Strong Enforcement Continues
SEC, DOJ Continue to Hit Financial Services Sector with Record Fines for Foreign Bribery Will the Foreign Corrupt Practices Act (FCPA) survive Donald Trump? We worried about that during the early days...
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