The Feds charged Texas businessman Robert T. Brockman with a $2 billion tax fraud scheme in what they say is the largest ever tax case against an American. This huge case charges the Chairman and CEO of The Reynolds and Reynolds Company with conspiracy, tax evasion, failing to file foreign bank account reports, wire fraud, money laundering, evidence tampering, and destruction of evidence. A 1040 income tax form with handcuffs. You must file a tax return each year with the IRS if your income is over the requisite level. Report foreign accounts and assets too.

Source: Forbes October 19, 2020 15:33 UTC