There are those in the world that thrive on cheating others out of money. Fraudulent scams are not a novel concept, but the methods used to perpetuate these schemes often change. The Internal Revenue Service (IRS) is attempting to reduce the risk of...
Read MoreA North Carolina man has been sentenced to 43 months of prison time for tax evasion. Oddly enough, this gentleman ran a tax consultancy business for the last 24 years, and that was after 12 years of being employed as an IRS Revenue Officer. He used...
Read MoreColorado is a winter paradise, with snow-capped mountains and sweeping views. One business owner capitalized on those features and opened a window cleaning and snow removal business. It was a lucrative choice. Unfortunately, the IRS believes he's...
Read MoreAllegations of tax fraud can happen to anyone. The allegations can be made against the tax filings of a single individual or a large corporation. The penalties that result can be crippling both to current finances and to the social reputation of the...
Read MoreThe tax deadline is quickly approaching. This can lead some taxpayers to take a chance on a tax preparation service that they have not used in the past. Although this may lead to quick completion of your taxes, it could come with serious long-term...
Read MoreTwo people from Louisiana are currently ex-spouses and soon to be ex-attorneys. A pair of attorneys, and former husband and wife, plead guilty to failure to file their taxes for several years. They took cash payments for services rendered and failed...
Read MoreYou've certainly heard of the feud between the Hatfields of West Virginia and the McCoys of Kentucky. Now the Tennessee McCoys have settled a feud with the United States, or more specifically, the IRS. A husband and wife pair have recently please...
Read MoreYet another small business owner, this one specializing in installing audio systems for churches and corporations, is facing 15 months of jail time for bad decision making. The North Carolina man witheld employment taxes from his staff, but used...
Read MoreA mother and son are facing a minimum of five years in jail after being found guilty of filing fraudulent corporate tax returns for their marketing business. They submitted false summaries of business expenses that included many personal items and...
Read MoreA Pennsylvania attorney and co-owner of an ice rink facility will be spending some time in the penalty box for tax fraud. The man was sentenced to 48 months in prison after being convicted of failing to collect, account for and pay over employment...
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