Robert J. Fedor, Esq., L.L.C.

April 2013 Archives

Wesley Snipes a free man after serving sentence for tax crimes

After having a number of small roles in television and films, action Wesley Snipes burst onto the Hollywood scene winning starring roles in successful movies such as New Jack City, Jungle Fever, White Men Can't Jump and Blade. While the fame of the Bronx-raised actor grew, so too did his bank account.

Advice when facing an IRS audit

While most Ohio residents can breathe a sigh of relief now that the April 15 tax deadline has come and gone, some aren't as lucky. Roughly 10 percent of the U.S. population will receive a notice from the Internal Revenue Service that they are being audited. While an IRS audit can be a scary and intimidating process, there are steps those facing an audit can take to make the process less arduous.

Lauryn Hill given second chance to repay total restitution amount

We recently reported in this blog about singer Lauryn Hill's tax woes. The award-winning singing artist currently faces criminal charges related to tax evasion. In a recent hearing before a federal judge, it was revealed that the singer had promised to pay a restitution fine of $554,000. To date, however, the controversial artist has only repaid roughly $50,000.

Tips for individuals who missed the tax deadline

Each year, millions of Americans race to meet the April 16 deadline by which to file and pay their taxes. Each year, many individuals around the country and in states like Ohio, miss the deadline. There are a number of reasons why an individual may fail to file and pay their taxes on time. Medical emergencies, national disasters and computer errors are all possible reasons why taxes may not be top of mind. Regardless of the reason, individuals who failed to meet the tax deadline would be wise to follow certain steps to avoid being charged with potential tax crimes and paying additional fines.

Singer-rapper Lauryn Hill faces sentencing for tax evasion

Grammy award winning artist Lauryn Hill is scheduled to appear in a federal courtroom on the East Coast Monday for sentencing on tax evasion allegations. The singer-songwriter pled guilty nearly a year ago to intentionally and willingly failing to file tax returns for three years in the mid-2000s. Authorities say that the rapper and singer failed to pay federal taxes for her four corporations from 2005 through 2007.

Tax audits will be reduced in 2013

When individuals receive IRS audit notifications, it is common for stress levels to rise. The fear can be very real for both individuals and business owners. Several questions of panic come to mind. Was all income accounted for? Were deductions completed in accordance with the law? This is because if an audit is handled improperly, it could result in significant consequences, including criminal prosecution.

NBA and NFL sports agent indicted on tax crimes

Individuals who are accused of criminal activities related to tax crimes face serious punishment. In many cases, individuals charged in crimes such as tax evasion, tax fraud and money laundering face several years in prison as well as hefty fines.

Courts heavy-handed when it comes to criminal tax matters

With tax season in full swing, the Internal Revenue Service is working overtime to both process and investigate tax records. If inconsistencies or other red flags alert the IRS, a tax payer may face an audit. In some cases, such audits can lead to fines and other penalties as well as potential criminal charges.

Fashion duo charged with tax evasion face hefty fines

Nearly 30 years ago two friends who shared a dream and vision decided to form a partnership. Together Stefano Gabbana and Domenico Dolce founded and grew the fashion empire known as Dolce & Gabbana. While the fashion duo has enjoyed a tremendous amount of success, with Hollywood elite and royalty often donning their label, today the two Italian citizens may soon find themselves behind bars.