Taxpayers behind on FBAR filings should come into compliance before it’s too late. By submitting a voluntary disclosure, taxpayers can avoid IRS scrutiny and its risks. Depending on the circumstances, this may involve coming forward under the IRS’s Streamlined Filing Compliance Procedures or the IRS CI’s Voluntary Disclosure Practice.

The DOJ and IRS are actively targeting business owners suspected of failing to file FBARs to disclose their foreign bank accounts. Under federal law, failure to file an FBAR can result in a fine equal to 6 times the undisclosed account value, plus additional criminal penalties.

The Internal Revenue Service (IRS) is prioritizing enforcement of conservation easement fraud in 2026. In addition to conducting intensive investigations, the IRS has launched a “time-limited” settlement program to resolve outstanding cases without litigation. Taxpayers that are under investigation or that have received a settlement letter from the IRS should promptly engage an experienced New York tax attorney to help them make informed decisions.

The Internal Revenue Service (IRS) and U.S. Department of Justice (DOJ) are ramping up their efforts to target small businesses, construction companies, and their executives in criminal tax fraud investigations. We have seen increased activity in this area in 2026, with federal authorities shifting their focus away from large corporate tax enforcement to pursuing cases against much smaller businesses. Learn more from New York criminal tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group.

Even though the COVID-19 pandemic is in the rearview mirror, federal authorities are continuing to investigate pandemic-era fraud in 2026. With taxpayer losses from the Paycheck Protection Program (PPP) and Employee Retention Credit (ERC) programs estimated at hundreds of billions of dollars, exposing fraud in these programs remains a top federal law enforcement priority. What do you need to know if you are facing a PPP or ERC fraud investigation? Find out from New York criminal tax lawyer Kevin E. Thorn, Managing Partner of Thorn Law Group.