A recent U.S. Supreme Court ruling has sent ripples through the world of small business, with significant implications for how closely held businesses are valued for estate tax purposes. The
Salvatore Groppo’s guilty plea for involvement in an unlawful sports gambling operation did not shield him from substantial IRS tax liabilities. Despite fulfilling his probation terms, Groppo faced over $100,000
This blog post examines the case of a former golf professional sentenced for tax fraud, highlighting the severe consequences of evading taxes and skimming business revenues. It offers valuable lessons