While several allegations can lead to criminal charges against individual and corporate taxpayers, some of the most common allegations involve making false statements to the Internal Revenue Service (IRS). Although inadvertently filing a false tax return is not a federal crime, willfully filing a false return is. As Washington D.C. criminal tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group, explains, willfully making false statements to the IRS can have serious consequences—and this is true regardless of whether these statements are made before or during a criminal tax audit.

High net worth individuals and small businesses have a greater risk of being audited by the IRS. Learn why the IRS tends to audit high net worth individuals and small businesses, and what you can do to avoid an audit in the future.

IRS to include asset forfeiture against taxpayers with offshore bank accounts and other international activities.

The IRS Global High Wealth Industry Group are to conduct audits of wealthy individuals and families.

Companies should make sure they are in compliance.