November 2016

Managing fraud risk proactively is imperative in today’s transparent world.   It is not only about protecting against financial losses commonly associated with fraud.  It is also about surviving reputational risk.  An example of reputational risk is the recent Wells Fargo


Not Filed Your Tax Return?

There are various reasons why a Taxpayer might not timely file a Tax Return. If you don’t file on time and you owe money to IRS, you will find yourself paying more than merely tax. IRS charges penalties and interest associated

What You Need to Know About IRS Outstanding Inactive Tax Receivables

October 2016

Legislation enacted in 12/15 (FAST ACT – Fixing America’s Surface Transportation Act)) required IRS to utilize private debt collection agencies to collect inactive federal tax debts. Starting SPRING 2017, IRS will use private debt collectors to pursue overdue federal tax

  • JD Supra

Global Radar’s CEO Commentary on De-Risking 101 Webinar


Global RADAR Exclusive: Industry Insider Simplifies De-Risking De-Risking is defined as a situation where financial institutions terminate or restrict business relationships with certain categories of customer. The concept of “De-Risking” as it pertains to the financial services landscape of the

  • Global Radar

Do You Know About the 4 Scenarios in the IRS Collection Process?

August 2016

Do You Know About the 4 Scenarios in the IRS Collection Process

  • JD Supra

Are you Eligible for an IRS Offer in Compromise?

August 2016

IRS has a program called Offer in Compromise (OIC) which allows eligible Taxpayers to settle a tax debt with IRS for less than the full amount owed.  Not all Taxpayers are eligible.    The OIC is not available to partnerships, corporations,

  • JD Supra

Should Professional Service Providers Assume Greater AML Vigilance Responsibilities?

August 2016

Because they are known as “gatekeepers” in the financial industry, Professional Service Providers (PSPs), Bankers, Brokers, Realtors, Casino Managers, Trust Fund Managers, Money Managers, etc., carry a level of responsibility and share financial intelligence according to the Financial Action Task

  • JD Supra

On-boarding and Off-boarding Bank Clients

July 2016

Why is On-boarding and Off-boarding Bank Clients Important After the Panama Papers, and with the recent FinCEN final Customer Due Diligence (CDD) rule, U.S. financial institutions are further focused on tightening internal controls against money laundering, terrorist financing, sanctions prevention,

  • JD Supra