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From the Tax Law Offices of David W. Klasing [Video]

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Public Relations

IRVINE, Calif., Sept. 17, 2024 /PRNewswire/ — According to a Department of Justice press release, a film producer and an Australian accountant have been indicted for their roles in a decades-long conspiracy to defraud the United States by concealing over $25 million in income and assets offshore. This case highlights the potentially severe repercussions of evading federal income tax. If you have failed to file a tax return for one or more years, or have filed a tax return that was knowingly false, it is crucial to discuss your situation with an experienced tax defense attorney in order to come back into compliance without facing criminal tax prosecution.

Foreign-income-and-information-reporting-compliance

Defendants Allegedly Concealed Millions Abroad, Causing Over $5 Million in Tax Loss

Court records reveal that Nigel Sinclair, a film producer who founded several profitable movie production companies, and Anthony Stewart, an accountant from Australia, worked together to hide Sinclair’s large amount …

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