The recent indictment of Ryan Ulibarri, a dentist in Colorado, serves as a stark reminder to business owners: don’t be tempted by complex tax schemes that promise too-good-to-be-true savings. Ulibarri
When it comes to running a business, especially one in a gray area like gambling, the stakes are high, and the risks are even higher. The recent case involving Matthew
Adopting a child is not only a deeply fulfilling journey but also a significant financial commitment. Recognizing the expenses involved, the IRS provides various tax benefits to help offset adoption
In a recent audit, Maryland found itself owing the IRS a hefty $5.4 million, a significant sum resulting from complex payroll and withholding issues that the state had previously overlooked.
When tax fraud schemes come to light, they often highlight the importance of understanding tax regulations and the severe consequences of non-compliance. In a recent case, a Mexican national was
The October 15th deadline for tax extension filers is approaching quickly, and now is the time for business owners and individual taxpayers to gather all necessary tax documents. Filing your
As a business owner, managing your tax burden can feel overwhelming, especially with ever-changing tax laws and regulations. However, there are numerous strategies available that can help you significantly reduce
Joseph Dickey, the owner of Alpine Customs, a construction company in Montana, recently faced serious consequences for failing to remit payroll taxes. This story highlights the importance of payroll tax
The case of Jason Svonavec, a prominent businessman involved in coal mining, crane services, and agriculture, serves as a stark reminder of the consequences of misrepresenting expenses for tax purposes.
Running a business is never easy, especially when it comes to managing finances and tax obligations. One recent case sheds light on what can happen when business owners try to