Tax Fraud
The IRS takes tax fraud seriously—very seriously. Whether it’s elaborate scams or simple misrepresentations on tax returns, the agency is constantly on the lookout for
February 19, 2025
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Blog
Category: IRS Penalties
Tax Fraud
In a stunning case of tax fraud, Salvador Gonzalez, a California-based tax preparer, was recently sentenced to six years in federal prison after orchestrating a
January 27, 2025
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Unfiled Taxes
Life happens—taxes get pushed aside. But ignoring unfiled tax returns won’t make them disappear. The longer you wait, the worse it gets. Here’s how to
January 27, 2025
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Fraud
Tax compliance and responsible management of funds are essential for every business owner, but especially for those who receive government grants. The recent case of
January 20, 2025
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Unfiled Taxes
Life happens—illness, business struggles, or just forgetting. But if you have unfiled tax returns, ignoring them won’t make them go away. The IRS will eventually
January 16, 2025
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Payroll Taxes
As a business owner, wearing multiple hats is part of the job. But if you work in your business and own it, you can’t skip
January 7, 2025
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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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Tax Preparation Options
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
January 3, 2025
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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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Corporate Transparency Act
Money laundering isn’t just an issue for criminal enterprises. It’s a widespread problem that can affect legitimate businesses—either through direct involvement or by unknowingly becoming
December 11, 2024
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Business Tax Audits
Business owners often face complicated tax regulations, making it essential to stay on top of tax compliance. Recent legal cases, such as the sentencing of
December 11, 2024
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Business Tax Audits
In a landmark case, TD Bank N.A. (TDBNA), one of the largest banks in the United States, pleaded guilty to violating the Bank Secrecy Act
December 10, 2024
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Fraud
A recent high-profile tax case involving a restaurant owner has sent shockwaves through the small business community. Richard Bhoolai, the 65-year-old owner of Richie’s Fast
December 10, 2024
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Payroll Taxes
In a recent case that serves as a reminder to business owners about the severe consequences of tax evasion, a Guilford, Connecticut business owner was
December 5, 2024
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Tax Fraud
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
November 15, 2024
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Tax Evasion
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.
November 13, 2024
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Payroll Taxes
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
November 11, 2024
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Payroll Taxes
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
November 11, 2024
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Tax Fraud
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
October 28, 2024
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Tax Preparation Options
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
October 28, 2024
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Business Tax Benefits
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
October 28, 2024
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Tax Evasion
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
October 28, 2024
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Payroll Taxes
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
October 28, 2024
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Fraud
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
October 28, 2024
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IRS Penalties
In recent years, the plight of Americans unjustly detained abroad has garnered significant attention, not just for the human rights implications but also for the
October 28, 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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Business Tax Benefits
If you’re running your business as a C corporation, understanding the implications of the Accumulated Earnings Tax (AET) is crucial. The AET is a 20%
September 13, 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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IRS Penalties
When you think of tax evasion, the case of Paul Cromar, a freelance film producer, might not be the first thing that comes to mind.
September 10, 2024
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Small Business Tax Help
The recent conviction of David Katz, a compliance officer at a check-cashing company in Oregon, serves as a stark reminder of the consequences of fraudulent
September 9, 2024
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Tax Fraud
In a notable legal development, Abdirizak Farah, the founder and superintendent of two charter schools in Ohio, has admitted to engaging in bank fraud, highlighting
September 6, 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 Evasion
In a startling legal case that underscores the severe consequences of financial misconduct and tax evasion, Aaron Rossi, a former employee at Central Illinois Orthopedic
September 4, 2024
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IRS Penalties
In a notable case of tax fraud, Jacques Eid, an owner of both a convenience store and a restaurant, was recently sentenced to two-and-a-half years
September 4, 2024
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IRS Penalties
Internal theft can be a devastating blow to any business, large or small. A recent case involving Christine Fletcher, a personal assistant who embezzled over
September 4, 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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IRS Controversy
Introduction For many business owners, navigating the complex world of finance and taxation can be daunting. However, understanding the potential consequences of financial mismanagement is
September 2, 2024
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Tax Fraud
In recent news, the story of Omar Khater, a New Jersey tax preparer, highlights the severe consequences of engaging in tax fraud. Khater was sentenced
August 30, 2024
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Tax Fraud
In a notable case of tax evasion, Ronnie Lyn Drummond, an IT consultant from Brookland, Arkansas, has pleaded guilty to failing to fulfill his tax
August 28, 2024
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Tax Evasion
The recent case of Daniel Alan Ryan, a Missouri business owner, underscores the severe consequences of failing to meet tax obligations. Ryan, the owner of
August 26, 2024
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Tax Evasion
In a notable case of tax evasion, Ronnie Lyn Drummond, an IT consultant from Brookland, Arkansas, has pleaded guilty to failing to fulfill his tax
August 23, 2024
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Tax Relief Insights & IRS Help Articles
Blog Post Excerpt:
Dealing with IRS penalties can be overwhelming, with over 148 different types potentially adding significant costs to your tax bill. However, many of these penalties can be reduced to zero if you can demonstrate reasonable cause, such as medical issues, bad advice, or natural disasters. Learn how to navigate the process of penalty abatement, potentially saving yourself thousands of dollars, and find out why professional tax help can make all the difference. Don’t let IRS penalties weigh you down – take control of your financial future today.
June 4, 2024
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Facing IRS Penalties? Understanding Your Options,IRS Penalties
March 29, 2024
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Tax Evasion
The High Cost of Overlooking 1099 Filings: A Warning for Businesses In the complex web of business operations, the task of filing 1099 forms can
February 10, 2024
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