Small Business Tax Help
Understanding the Nuances for Business Owners For many small business owners in the U.S., forming a limited liability company (LLC) or a partnership is a
October 1, 2024
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Blog
Category: IRS Audit
Tax Evasion
When it comes to legal settlements, the general rule is that payouts related to personal injury or illness are not subject to federal income tax.
September 26, 2024
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Small Business Tax Help
One of the perks of running your own business is the ability to employ family members, but this comes with unique tax implications that every
September 19, 2024
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Tax Evasion
In a recent case that highlights the severe consequences of tax evasion, a Newark construction business owner admitted to evading taxes by using a check-cashing
September 18, 2024
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Tax Evasion
A recent case involving a Rochester businessman pleading guilty to a tax charge has highlighted the serious consequences of failing to meet tax obligations. This
September 16, 2024
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Tax Evasion
In a recent case that underscores the critical importance of tax compliance, Alabama chiropractor Gary Forrest Edwards was indicted on charges including tax evasion and
September 13, 2024
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Business Tax Benefits
Owning and leasing an aircraft can be an effective way to offset the high costs of ownership. However, as beneficial as this strategy might seem,
September 10, 2024
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Tax Fraud
Charles Sorenson, a retired Delta Airlines pilot, was recently found guilty of multiple serious tax-related offenses, including tax evasion, filing false tax returns, failing to
September 5, 2024
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Tax Fraud
The recent sentencing of Jess Adams, the former treasurer for the City of Houston, Alaska, serves as a stark reminder of the vulnerabilities in financial
September 5, 2024
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Tax Fraud
Former Illinois State Senator William McCann, Jr., has faced significant legal repercussions following his misuse of campaign funds, resulting in a prison sentence of 42
September 3, 2024
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