NOT FOR REPRINT
Credit Suisse Client in Tax Dodge Case Gets $15M Bail
News March 13, 2024 at 10:13 AM
Share & Print
What You Need To Know
- Dan Rotta, 77, was arrested Saturday in Miami and must remain under house arrest with electronic monitoring, a federal judge ruled.
- Prosecutor Sean Beaty told a judge that IRS agents estimate Rotta owes at least $9.25 million in back taxes, $10 million in interest and $6.9 million for a fraud penalty.
- Rotta was charged with conspiring to defraud the U.S. and making false statements to the IRS; he faces as many as five years in prison on each count if convicted.
Immediate Answers to Critical Tax Questions At Your Fingertips
Keep up with the latest tax rules and regulations with weekly, exclusive updates by our Tax Facts experts.
Get More InformationRecently Added Q&As
Recently Updated Q&As
What is the temporary “senior deduction” deduction for taxpayers age 65 and over?
Get Answer
Recently Updated Q&As
What is the temporary deduction for auto loan interest?
Get Answer
Recently Updated Q&As
What is the temporary deduction for overtime income?
Get Answer
Recently Updated Q&As
What is the temporary deduction for tip income?
Get Answer
Recently Updated Q&As
What is a high deductible health plan for purposes of an HSA?
Get Answer
Recently Updated Q&As
Are remote workers eligible for leave under the Family and Medical Leave Act (FMLA)?
Get Answer
Recently Updated Q&As
Who must file a return?
Get Answer
Recently Updated Q&As
Can a taxpayer deduct business-related transportation expenses incurred when the taxpayer is not travelling away from home on business?
Get Answer