Saving Up for Education – Cloverdell ESA vs. 529 Plan
Cloverdell ESAs and 529 Plans are great ways to save for college. The investments can grow tax-free in stocks, mutual …
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When does a failure to file a tax return become fraudulent?
It is not uncommon for taxpayers to get a little behind on the filing of their tax returns. But consistent …
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Colorado Business Owner Convicted in $7 Million Tax Credit Fraud Scheme
A federal jury in Denver, Colorado, found Martin Fields guilty yesterday of conspiracy to defraud the United States, conspiracy to …
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IRS Whistleblower Award Program
The whistleblower program is one of the weapons used by the IRS to detect underpayments of tax and violations of …
What is an IRS notice of deficiency?
A notice of deficiency is a proposed increase of tax and your notice to dispute the deficiency in tax court. …
IRS audit tip – how to substantiate car and truck expenses
Many taxpayers will claim a car and truck deduction on their Schedule C or business returns. Often, taxpayers are unaware …
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Louisiana Scammer Sentenced for IRS Scheme to Steal Nearly $400,000
United States Attorney David C. Joseph announced that Ronald W. Reeves, 68, of Delhi, Louisiana, was sentenced October 2 by …
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IRS Improperly Issued Levies on Hundreds of Taxpayers, says TIGTA
The Treasury Inspector General for Tax Administration (TIGTA) in its recent report found that the IRS may have improperly issued …
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Utah Tax Preparers Sentenced to Prison for Filing False Tax Returns
Alma Barlow and Denver Barlow, formerly of Hildale, Utah, were sentenced in federal court today to 24 months in prison …
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Former DC Attorney Sentenced for Investment Fraud and Tax Crimes
Former District of Columbia Attorney Sentenced to Prison for $2 Million Investment Fraud Scheme and Failure to File Tax Return …
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