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 to four years in federal
December 20, 2024
Skip to content In a recent case that underscores the serious implications of payroll tax fraud, Linda Davis, the owner of Majestic Seals & Stripes, Inc., was sentenced to four years in federal
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 Reduction Act (IRA). While this
The IRS Whistleblower Program is increasingly becoming a significant tool in the fight against tax evasion. This program, which rewards individuals for reporting tax non-compliance, has gained attention recently, especially
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 part of a money laundering
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 an Albuquerque man for tax
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 Treasury Inspector General for Tax
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 Food Restaurants Inc. in Cincinnati,
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 sentenced to prison for failing
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 the importance of understanding how
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
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