Menashe Cohen pleaded guilty to one count of filing a false income tax return for failing to report the existence of his Swiss and Israeli bank accounts.

Georges Briguet, the owner of New York restaurant Le Perigord, pleaded guilty to one count of corruptly endeavoring to obstruct the IRS by concealing the existence of his Swiss bank accounts.

Bloomberg reports that a client of UBS AG was sentenced to a year and a day in prison for using a Swiss bank account to evade more than $1 million in taxes.

Baruch Fogel, a California doctor, pleaded guilty in the U.S. District Court for the Central District of California to one count of willful failure to report the existence of a foreign bank account on a FBAR.

Howard Bloomberg, a certified fraud examiner, pleaded guilty to one count of failure to file an FBAR reporting his interest in a bank account at UBS in Switzerland.

The IRS announced major changes to the OVDP, including a major expansion of the so-called Streamlined Program.

This Monday, June 30th is the due date for the Report of Foreign Bank and Financial Accounts, known as the FBAR.

Swisspartners Group resolved a U.S. criminal tax probe by forfeiting $3.5 million and paying $900,000 in restitution for helping U.S. clients evade taxes.

In a news conference today President Obama addressed rules and proposed regulations announced Thursday intended to help the U.S. fight tax evasion and other crimes connected to anonymous offshore companies...

Tax Analysts Tax Notes reports that the IRS Small Business/Self-Employed Division's special enforcement program will soon begin examining U.S. taxpayers suspected of holding undeclared accounts in Indian banks.

The IRS on June 18 announced long-awaited changes, including some significant modifications, to the offshore voluntary disclosure program (OVDP).

After successfully collecting over $5 billion from offshore voluntary disclosure programs (OVDP) in 2009 and 2011, the IRS extended its OVDP indefinitely.

The case involved the appropriate burden of proof the Internal Revenue Service must meet when the IRS asserts a willful failure to file penalty for the Report of Foreign Bank and Financial Accounts.

Today's families are increasingly global, with assets, homes, citizenships, and loved ones spanning multiple jurisdictions. Michael Clear hosts a conversation with Carolyn Reers and Suzanne Shier about the forces driving cross-border planning challenges, from globally mobile families and international philanthropy to cultural competency, compliance, and succession laws around the world.

The IRS revised Internal Revenue Manual 8.11.6 regarding penalties applicable for failure to file a Report of Foreign Bank and Financial Accounts.

The National Taxpayer Advocate made three specific recommendations to the IRS to try to simplify the process for reporting foreign assets.

Bernard Kramer pleaded guilty in the Southern District of New York to conspiracy to defraud the United States and filing a false income tax return.

On December 22, 2014, the Department of Justice announced its agreement with Bank Leumi.

A few months ago, we posited that the DOJ and IRS were expanding offshore enforcement efforts beyond Europe, with a likely new target of those efforts being Singapore.

The (SFCP) is now two years old. The SFCP was designed for taxpayers whose failure to disclose their offshore accounts was "non-willful," due to a lack of understanding or knowledge of reporting requirements for U.S. persons.