Skip to content
Tax Law Center Blog

Tax Law Center Blog

  • Tax & Foreign Assets
    • Tax Law Services
    • Foreign Asset Planning
  • About
  • Contact Us
Close Button

Day: April 17, 2011

IRS examines jewelry, precious stones and metals businesses for compliance

17 April, 2011

The IRS is conducting Anti-Money Laundering examinations (similar to tax audits) of jewelry, precious stones (including colored gems, diamonds, etc.), and precious metals businesses. The IRS is now in charge of compliance with the Anti-Money

Read More

HSBC Client Pleads Guilty to Conspiring to Hide Indian Accounts From IRS

17 April, 2011

An Indian-American businessman on Tuesday pleaded guilty to conspiring to defraud US tax authorities by hiding his bank accounts in HSBC India, a case which has led the IRS to probe NRIs holding accounts in

Read More

Recent Posts

  • Is Turbotax Reliance a Valid Defense Against IRS Penalties?January 28, 2026
  • New Proposed IRS Voluntary Disclosure Practice (VDP): FAQsJanuary 20, 2026
  • Second Circuit Affirms Recklessness Standard for Willful FBAR PenaltiesJanuary 16, 2026
  • Top Tax Strategies for the 2026 LandscapeJanuary 8, 2026
  • Navigating the High Penaties of Delinquent Form 3520 FilingsJanuary 3, 2026

Pages

  • About Patel Law Offices
  • Delinquent FinCen Form 114 (FBAR) Filings
  • Delinquent or unfiled IRS Form 5471
  • Request A Free Educational Consultation

Law Firm Attorney WordPress Theme By Themespride