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

December 2013 Archives

Man accused of ponzi scheme arrested in Peru

If you live in Ohio, you've probably heard about the arrest of a man believed to have taken part in a ponzi scheme in Northeast Ohio. Illegal income can lead to charges from the IRS, as this man is finding out now, but he still deserves a good defense and to be protected as innocent until he's proven guilty. If you're charged for tax evasion or other crimes, you may want to speak with an attorney.

Tax evasion case finds its way to federal court

Tax evasion is a serious crime, and if the IRS is trying to pursue you for it, you may want to seek legal help in Cleveland, Ohio. Tax evasion could be suspected even if you just forget to file your taxes, which is why it's so important to do so every year. If you're interested in tax news, you might have heard about the former Bell city manager who has had to appear in federal court due to a tax-evasion case.

IRS to impose deadlines on audits starting in 2014

For any individual taxpayer or business entity, a request from the Internal Revenue Service typically signals that something is amiss. In cases where an individual or business learns they are the subject of a formal IRS audit, it can take a considerable amount of time to delve into financial records to identify and retrieve requested documents and information.

Insurance agent to spend four years behind bars for tax evasion

Many people wrongly assume that crimes related to falsifying tax records or failing to pay taxes will be viewed by the eyes of the law as minor white collar crimes. While much depends on the tax amount and circumstances involved, the Internal Revenue Service considers all tax crimes to be serious and, as such, frequently pursues veracious legal prosecution of those accused of crimes such as tax fraud and tax evasion.

IRS law aims to target foreign account holders

There are a number of reasons why an individual or business owner may choose to hold assets in a foreign bank account. According to the Internal Revenue Service, evading taxes is chief among these reasons. After it was discovered that some U.S. citizens were using Swiss bank accounts to avoid paying taxes, the IRS sought to gain more information regarding U.S. citizens with foreign bank accounts. In 2010, the Foreign Account Tax Compliance Act was passed into law.

ACA tax subsidies a 'fraudster's dream' say GOP critics

Hundreds of billions of dollars -- that's what one top Senate Republican estimates could get paid out improperly by the Internal Revenue Service for premium subsidies called for under the Affordable Care Act. The prediction of anticipated tax fraud comes on the heels of a report this week from a Treasury Department inspector general. It's something we're sure Ohio readers are tracking.

Is stepped up tax enforcement pushing some to leave America?

There is an ebb and flow to the tide of people that cross the borders of the United States every year. Immigrants from around the globe seek new lives on our shores. At the same time, a record number of Americans are renouncing citizenship or residency and fleeing for greener pastures.