From the May, 2014

Beanie Babies Founder pays $53.6 million penalty for $885,300 of unpaid taxes on foreign income.

Billionaire Beanie Babies founder Ty Warner recently agreed to pay $53.6 million in tax evasion penalties and plead guilty to civil tax evasion.  This is the largest foreign account penalty ever reported. Mr. Warner, […]

Swiss Banker Surrenders To U.S. Authorities

The U.S. continues its aggressive pursuit of unreported income from foreign bank accounts.  But in one Swiss case it did not involve a U.S. taxpayer.  Rather it involved a former UBS banker, Martin Lack, […]