From the tax evasion Tag

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, […]

Arizona Businessmen Sentenced for Failure to Disclose Millions in Swiss Bank Accounts.

Two prominent Phoenix businessmen were sentenced to 10 months in prison for failing to report over $8 million they controlled in Swiss bank accounts.  According to trial evidence, the businessmen filed false tax returns […]