The holiday season is a time of joy and giving, but it also presents an opportunity for scammers to take advantage of unsuspecting taxpayers. Among the many scams circulating during
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 is at a critical juncture, facing potential funding cuts that could significantly impact its ability to enforce tax compliance, improve taxpayer services, and modernize its technology. Business owners
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
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
As a business owner, protecting your financial information is paramount. In today’s digital age, fraudsters are more sophisticated than ever, and consumer credit fraud or identity theft can devastate both
For business owners, finding a trustworthy tax preparer is essential. However, as seen in the recent case of Salvador Gonzalez, a Riverside County man sentenced to six years in prison
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 running a business, it’s essential to stay on top of tax obligations. The recent guilty plea of the leader of Yoga to the People for tax evasion is a
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