In order to provide incentive to encourage use, exchange, provision, and development of alternative fuels, the Internal Revenue Service (IRS) offered a Biodiesel Mixture Credit. Two Colorado business entrepreneurs took advantage of the credit—and...
Read MoreHired to prepare tax returns, Texas tax preparer Shermin Marshall instead schemed to divert funds for his own use.
Read MorePayroll taxes are a hard and fast responsibility of those who employ others. For two C-Suite execs, their desire to conceal a business downturn got the better of their common and fiduciary sense.
Read MorePretty much any kind of correspondence from the Internal Revenue Service (IRS) is enough to ruin at least lunch. Receiving notice of an IRS civil tax audit can send a quiver of anxiety through anyone. To provide a heads-up on avoiding tax...
Read MoreOffering an example of one of its “Dirty Dozen Tax Scams,” the Internal Revenue Service (IRS) permanently barred a tax professional from preparing tax returns for others.
Read MoreIf you have heard one fraudulent tax scheme, you have heard them all, right? It usually involves an individual who files false income tax returns for a number of years. But for Ana Bajo of Salinas, California, a few fraudulent tax returns were not...
Read MoreNever believe everything you read. A Baltimore man read a book written by a couple convicted of tax crimes and decided to try it himself. It earned him 18-months in prison.
Read MoreTalk about rotten apples. A company that sells “gift box quality” fruit from its trucks during the growing season trusted its tax filings to a bad banana.
Read MoreA resort and spa operator is going to need some of his own R & R after pleading guilty to filing false tax returns and failing to pay nearly $2 million in taxes in Arizona.
Read MoreHere’s something you do not see very often—individuals who claim income as household help in order to commit tax fraud. The dodge earned a North Carolina tax preparer a lot of trouble and more than ten years in prison.
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