Question # 5: Is anything else relevant?
a. The special agent should review any loan applications that Jack and Janet submitted to the bank. For example, did they buy their home with borrowed funds or outright in cash?
b. The special agent should investigate transactions that Jack and Janet had with their customers and suppliers. That might help make unreported business income a special items method as opposed to an indirect methods item. Because courts are more cynical of the indirect method, it usually draws more scrutiny from courts than the direct method.
See Part I, Part II, Part III and Part IV
In accordance with Circular 230 Disclosure
As a former public defender, Michael has defended the poor, the forgotten, and the damned against a gov. that has seemingly unlimited resources to investigate and prosecute crimes. He has spent the last six years cutting his teeth on some of the most serious felony cases, obtaining favorable results for his clients. He knows what it’s like to go toe to toe with the government. In an adversarial environment that is akin to trench warfare, Michael has developed a reputation as a fearless litigator.
Michael graduated from the Thomas M. Cooley Law School. He then earned his LLM in International Tax. Michael’s unique background in tax law puts him into an elite category of criminal defense attorneys who specialize in criminal tax defense. His extensive trial experience and solid grounding in all major areas of taxation make him uniquely qualified to handle any white-collar case.
Recent Comments