Haven’t Filed Taxes in a While?
How long has it been? 3 years? More? 10? Some people have never filed taxes. Why not?
Year-End Tax Savings Strategies
Though our firm specializes in helping people resolve their IRS or state back tax problems, we also love saving you money. After all, one of the best ways to avoid getting into tax trouble is to…
More Recent Tax Cases You’ll Enjoy Reading About (Tax Fraud)
If you liked our last stories, these will blow you away.
Wesley Snipes: His Continued Fight With the IRS
Snipes continues to getting knocked down by the IRS. Rather than give up, he too keeps getting back in the ring. In his latest skirmish with the service, the Tax Court held that the IRS did not…
7 Recent Tax Cases You'll Enjoy Reading About
Warwick, R.I. Preparer Raymond Petrarca has pleaded guilty to 44 counts of filing fraudulent returns for clients. According to the court, Petrarca owned and operated the tax prep business Stratus…
Will My Income Tax Return Be Audited?
For the vast majority of taxpayers, there is not much need to worry that you will be audited. In 2016, only 0.6% of individual income tax returns were audited according to the IRS 2017 Data Book.…
Shakira Pays $25 Million in Back Taxes
Shakira has reportedly paid a major bill for back taxes owed to the Spanish government. According to numerous reports, this international superstar has paid more than 20 million Euros - or $25…
280E: The Federal Tax Code and Your Cannabusiness
If your business is more than a dispensary, you should consider splitting it into two businesses that are adjacent to each. Of course, it is advisable for any business owner, no matter the industry,…
How to Avoid Being Audited
No one wants to pay more income taxes than required, but be careful when preparing your taxes. Attempting to cut your tax liability by getting into IRS grey areas can cause you problems later. You…