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When you owe money to the IRS, it is hard to think about anything else. While being in debt is never fun, no matter who the creditor is, the IRS enjoys almost unlimited power to collect the money they are…
May 02, 2022
Do you have a beach or mountain home that you rent out? If the average period of rental is less than 30 days, you likely have a choice—either claim the income and expenses on Schedule C, or claim the income…
April 01, 2022
So we hear of people who don’t pay the IRS that go to jail, companies that don’t pay the IRS get shut down; well now, how about tax preparer’s that file fraudulent returns that go to jail? In California a…
March 07, 2022
Well, now DMX (aka rapper Earl Simmons) is yet another High Profile Hollywood that is in the hot-seat from the IRS for tax fraud. He is in the ranks of many other high profile cases that either went to jail…
March 05, 2022
A business man in Getzville, NY was sentenced to probation and fined for filing false tax returns. He ran a medical transportation company and a taxi service for several years. From 2007 through 2010 he did not deposit his cash…
March 03, 2022
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