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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Blog
Category: Tax Evasion
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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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 Notices
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,
December 12, 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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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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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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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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