Capital Gains Taxes
If you’re a business owner operating as an S corporation and considering shutting down your company, it’s crucial to understand the federal income tax implications
September 9, 2024
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Tag: IRS
Business Tax Benefits
Long-term care insurance is an essential component of financial planning for many business owners, especially those who are thinking ahead about potential chronic illnesses or
September 6, 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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Investment Taxes
Investing in raw land can be a strategic move for business owners looking to diversify their portfolios. Raw land, which refers to unimproved land without
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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Real Estate Taxes
Owning real estate through an S corporation can offer several tax advantages during your lifetime, but what happens when you pass away? This is a
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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