Utah Financial Planner Facing Decades in Prison Following Tax Evasion, Fraud...
The post Utah Financial Planner Facing Decades in Prison Following Tax Evasion, Fraud Convictions appeared first on Tax Attorney. For 38 years, Henry “Hank” Brock, 64, of St. George, Utah, enjoyed a...
View ArticleOhio Man to Be Sentenced Following Tax Fraud Conviction
The post Ohio Man to Be Sentenced Following Tax Fraud Conviction appeared first on Tax Attorney. James Wright, 62, of Dayton, Ohio faces a sentence of up to three years in prison for each of the seven...
View ArticleOwner of Philadelphia Tax Preparation Service Sentenced in Fraud Scheme After...
The post Owner of Philadelphia Tax Preparation Service Sentenced in Fraud Scheme After Stealing Identities of Foster Children appeared first on Tax Attorney. Mohamed Mansaray, 41, of Springfield,...
View ArticleCan the IRS Track Bitcoin, and What Should I Do if I Failed to Report My...
The post Can the IRS Track Bitcoin, and What Should I Do if I Failed to Report My Bitcoin Income or Capital Gains? appeared first on Tax Attorney. From inception, Bitcoin has been synonymous with...
View ArticleHave a Foreign Bank Account? You May Be Required to File an FBAR
The post Have a Foreign Bank Account? You May Be Required to File an FBAR appeared first on Tax Attorney. It’s common knowledge that the majority of U.S. citizens – around 240 million of them,...
View ArticleHow Little-Known “Structuring” Laws Could Cause You to Lose Money to the IRS
The post How Little-Known “Structuring” Laws Could Cause You to Lose Money to the IRS appeared first on Tax Attorney. Imagine yourself being stopped by a police officer while driving home from work....
View ArticleAttention Cryptocurrency Traders: Prepare for Higher Tax Liabilities Under...
The post Attention Cryptocurrency Traders: Prepare for Higher Tax Liabilities Under the GOP Reform Act appeared first on Tax Attorney. On December 20, Senate Republicans passed the Tax Cuts and Jobs...
View ArticleSan Jose California Auto Dealer Given 3-Year Prison Sentence for Tax Evasion
The post San Jose California Auto Dealer Given 3-Year Prison Sentence for Tax Evasion appeared first on Tax Attorney. Mohammad Hassan Mostafavi, 31, former owner, operator, and president of high-end...
View ArticleFlorida Psychic Fails to See Tax Conviction and $3.5 Million Fine in Future
The post Florida Psychic Fails to See Tax Conviction and $3.5 Million Fine in Future appeared first on Tax Attorney. Despite using no fewer than four different names, 41-year-old Florida resident Sally...
View ArticleWhat is an IRS Tax Lien, and How Can It Be Removed?
The post What is an IRS Tax Lien, and How Can It Be Removed? appeared first on Tax Attorney. From payroll taxes to income taxes, capital gains taxes to estate taxes and beyond, there are numerous tax...
View Article3 Common Reasons the IRS Will Audit You this Tax Season
The post 3 Common Reasons the IRS Will Audit You this Tax Season appeared first on Tax Attorney. Anyone can be audited by the Internal Revenue Service (IRS), and indeed, some taxpayers are selected...
View ArticleFlorida Tax Preparer Facing Decades in Prison for Filing False Returns, Wire...
The post Florida Tax Preparer Facing Decades in Prison for Filing False Returns, Wire Fraud, Identity Theft appeared first on Tax Attorney. According to a Department of Justice (DOJ) press release...
View ArticleKansas Business Owner Ordered to Pay Nearly $400K to IRS After Filing False...
The post Kansas Business Owner Ordered to Pay Nearly $400K to IRS After Filing False Tax Returns appeared first on Tax Attorney. Marcelino Almaraz, 60, of Holcomb, Kansas, former owner of a tax...
View ArticleUnderstanding Initial Coin Offerings, Tokens, and Their Tax Treatment
The post Understanding Initial Coin Offerings, Tokens, and Their Tax Treatment appeared first on Tax Attorney. By now, most people have heard of virtual currency. Whether it be Bitcoin, Bitcoin Cash,...
View ArticleSending Money to a U.S. Bank from Abroad? Beware a Wire Audit Transfer – and...
The post Sending Money to a U.S. Bank from Abroad? Beware a Wire Audit Transfer – and Potential FATCA Penalties appeared first on Tax Attorney. Making a wire transfer is a fast and convenient method of...
View ArticleNew Orleans CPA Fined, Placed on Probation After Failing to Report Business...
The post New Orleans CPA Fined, Placed on Probation After Failing to Report Business Income on Tax Return appeared first on Tax Attorney. On Friday, June 30, 2017, former CPA Brendel Deemer, 49, of New...
View ArticleThe IRS is Down, But Certainly Isn’t Out
The post The IRS is Down, But Certainly Isn’t Out appeared first on Tax Attorney. United States law requires that US persons pay income tax. But that doesn’t necessarily mean that everyone does. In...
View ArticleCoinbase to 13,000 Customers: Company Giving Records to IRS, Affected Users...
The post Coinbase to 13,000 Customers: Company Giving Records to IRS, Affected Users Should Hire a Tax Attorney appeared first on Tax Attorney. As regular readers may already know, our Bitcoin tax...
View ArticleHow Many Years Can an IRS Audit Go Back?
The post How Many Years Can an IRS Audit Go Back? appeared first on Tax Attorney. If the Internal Revenue Service (IRS) detects an error or discrepancy on a taxpayer’s tax return, or if the taxpayer...
View ArticleTax Audit Types: How Does an IRS Audit Work?
The post Tax Audit Types: How Does an IRS Audit Work? appeared first on Tax Attorney. A tax audit, less commonly referred to as a taxpayer “examination,” is a formal process by which a state or federal...
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