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

August 2013 Archives

Ohio man pleads guilty to failing to pay $1.1M in taxes

A Ohio man is currently awaiting sentencing after pleading guilty to charges related to tax evasion. The 57-year-old man previously ran a company that provided computer training to Ohio residents who had lost their jobs and were unemployed. He recently admitted to failing to pay taxes on income that he withheld from employee's paychecks.

Tax debt can have dire consequences

Owning a home is an integral part of the idyllic American dream. For many homeowners, their home provides not only a roof over their head, but is also where they raised families and made memories. Given the significance of a home and property, it stands to reason that losing a home or being forced to sell a home would be a devastating prospect for many.

Advice for individuals who fail to report income

When dealing with tax matters, there are times when an individual or business owner may intentionally take steps to avoid paying taxes. Tax professionals and accountants may provide advice related to tax-avoidence tactics. In other cases, an individual may take matters into their own hands to avoid paying taxes on all earned income. In any case, a taxpayer who has knowledge that his or her tax returns do not accurately report all earned income may be subject to fines, penalties and even criminal charges.

Political couple sentenced for tax crimes

In today's fiercely competitive and bi-partisan political climate, individuals who choose to run for a political office must often spend months campaigning. The life of a politician is not for the faint of heart. While running for office, many spend long days on the campaign trail speaking and answering difficult questions from skeptical or angry constituents. Not only does this type of campaigning take a tremendous amount of time and energy, but it also takes a tremendous amount of money.

How to remain anonymous to the IRS

Dealing with any large governmental agency is never easy. Dealing with the Internal Revenue Service, however, can be especially unpleasant and burdensome. While some business owners and individual tax payers are unfortunately subjected to random IRS audits, there are several things taxpayers can do to avoid raising any red flags at the IRS.

Small business owners often singled out by IRS

Small business owners must keep close tabs on both income and expenses and are often called upon to justify both. When it comes to tax matters, small business owners are often subjected to increased scrutiny by the Internal Revenue Service. Highlighting this point is a recent move by the IRS to target roughly 20,000 small business owners.

Advice for taxpayers facing an IRS tax lien

Americans are required under state and federal law to pay taxes. Failure to do so can result in fines, penalties, criminal charges and even prison time. One of the most common penalties often brought against those individuals who fail to pay taxes is a lien on a home or other property.

Plea bargain best option for man facing serious tax crimes

Individuals facing criminal charges related to tax evasion or tax fraud face serious fines, penalties and time behind bars. In some cases, evidence against individuals accused of such crimes is strong and convincing. In cases where evidence that an individual committed tax fraud or intentionally failed to pay taxes is undisputable, a plea bargain is often the best option.