This webinar will provide an overview of both civil and criminal tax fraud. Fraud may be underreporting income, excessive business deductions, concealing assets – both domestic and international assets, structuring, misclassification of employees, failure to file correct 941s or Trust Fund issues. We will discuss the implications of the civil fraud penalty which may be as high as 75% of the tax understatement. You will learn how to represent your client during audits where fraud is present, in an effort to keep the audit civil without referral to the Department of Justice for indictment. As part of this discussion, we will provide you with the tools necessary to try and negotiate the lowest possible penalty.
Adam is a tax attorney who helps businesses and individuals with tax controversies before the Internal Revenue Service (IRS) and tax planning both domestically and internationally. He also handles a variety of white collar criminal matters, both federal and state, particularly involving civil and criminal tax fraud, including tax evasion, money laundering and offshore tax compliance. Adam’s knowledge of tax law is informed by his former role as a Special Assistant U.S. Attorney with the Department of Treasury’s IRS.