Tax Fraud
When it comes to tax preparation, honesty and transparency are critical—not only for the peace of mind it brings but also to avoid costly legal
January 7, 2025
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Blog
Category: IRS Audit
Tax Fraud
Running a business is challenging enough without the added risk of getting entangled in fraudulent tax schemes. Unfortunately, some professionals misuse their expertise, leading to
December 27, 2024
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Tax Fraud
In a recent case that underscores the serious implications of payroll tax fraud, Linda Davis, the owner of Majestic Seals & Stripes, Inc., was sentenced
December 20, 2024
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IRS
As a business owner, managing taxes can be complex, but it’s crucial to stay compliant. Recent cases, like the guilty plea of a telecommunications company
December 19, 2024
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Back Taxes
The IRS’s recent recovery of $1.3 billion from wealthy tax dodgers highlights a renewed focus on tax enforcement, thanks to funding provisions in the Inflation
December 12, 2024
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IRS Audit
The IRS is at a critical juncture, facing potential funding cuts that could significantly impact its ability to enforce tax compliance, improve taxpayer services, and
December 12, 2024
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IRS tax planning
The recent endorsement of an IRS-affiliated union by Vice President Kamala Harris has caused quite a stir, with critics expressing concerns about potential tax increases
December 12, 2024
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Back Taxes
The gambling industry continues to grow, generating a staggering $60.5 billion in gross revenue in 2022. However, with great profits come great tax responsibilities. The
December 10, 2024
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Inheritance Taxes
In the recent Tax Court case Estate of Anne Milner Fields v. Commissioner, a complex estate planning scenario involving a Texas oil heiress has underscored
December 4, 2024
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Tax Scams
For business owners, finding a trustworthy tax preparer is essential. However, as seen in the recent case of Salvador Gonzalez, a Riverside County man sentenced
November 18, 2024
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