Man Gets Two Years In Prison For Tax Fraud SchemeHe's accused of defrauding the IRS by submitting false income tax returns for customers. Officials said he also recruited customers by telling them that he could generate large returns on their individual income tax returns.
Many Bitcoin, Cryptocurrency Owners Not Reporting Holdings On Their Taxes, Report SaysAccording to Credit Karma, less than 100 people out of 250,000 who have filed their 2017 taxes through the company have reported buying cryptocurrency.
Medical Assistant Gets 20 Years For Oxycodone Distribution58 year old David A. Litwin, was found guilty of conspiracy to distribute controlled substances and distribution of controlled substances. Co-defendant 93 year old Dr. Henri Wetselaar, was also found guilty.
Mayweather Has History of Tax Woes; $7M From 2010 UnresolvedThe IRS still has Floyd Mayweather Jr. on the hook for $7.2 million in taxes from 2010, according to records that show a lien as unresolved for the year he fought Shane Mosley.
Nevada Congresswoman: IRS Should Hike Jackpot Tax ThresholdDemocratic U.S. Rep. Dina Titus this week sent a letter to IRS Commissioner John Koskinen (KAHS'-kihn-ihn) suggesting the rule change.
Telemarketing Scam Targets Valley ElderlyA Las Vegas man was sentenced Tuesday to 88 months in prison for targeting the elderly as part of a sophisticated telemarketing scam that resulted in the loss of nearly $1.2 million.
How To Find The Right Tax Professional For All Your Tax NeedsWhen it comes time to choose a tax professional, there are many things that a tax payer needs to understand. Here are some basic questions to ask and details to learn before hiring someone to take care of your income tax preparation needs.
What Are The "Dirty Dozen" Tax Scams & How Can You Avoid Them?Here are the latest 12 common tax scams that the IRS is warning you about this year.
Extra Days To File: Tax Day 2016 Is Not April 15thTax Day 2016 is not on April 15 as usual. Instead, it has been moved to April 17 because of Washington D.C.'s Emancipation Day. Here is a look at why Tax Day is on April 15 to begin with, what Emancipation Day is, and when Tax Day can be moved to a later date.
IRS Irks Casinos
Tax Tips: What You Need to Know About Write Offs And DonationsKnowing what you can legitimately deduct off your taxes and what receipts you didn’t need to hold on to after all, can help both you and your accountant avoid a lot of headaches.
Small Business Tax Tips: Are You Filing The Correct Forms?It’s easy to make a mistake on your taxes, especially if you are a new business owner or running a small business. Before you file, dot your i’s and cross your t’s by making sure to use the correct tax forms.