Working for the Tax Man: Will Smith & The Fresh Prince of Bel Air
The popular “The Fresh Prince of Bel-Air” TV series made Will Smith a household name. It also got him out of tax trouble with the IRS, according to an article from The Hollywood Reporter. It was in…
Facebook and the $7 Billion Tax Case - Top 3 Lessons to Take Away
Even social media giants can have tax trouble. Facebook’s request to have its $7 billion tax case decided by the IRS Office of Appeals has been denied by a California judge, as reported by Forbes on…
5 Things Doughnuts and Taxes Have in Common
On this hallowed holiday (National Doughnut Day) we take a moment to pay our respects. It turns out that doughnuts and taxes are pretty similar, believe it or not. 1. No matter what your individual…
The "Taxi King" and the $5 Million Tax Bill
Evgeny A. Friedman, 46, calls himself the “Taxi King.” On May 23, he pleaded guilty to tax fraud to the tune of $5 million, as reported by licpost. Friedman is the former CEO of Taxiclub Management…
Getting Love Letters, Notices from the IRS?
Getting Love Letters, Notices from the IRS? Don’t stick them in a drawer. Or worse, throw them away. After the initial shock wears off, you shouldn’t forget to actually open the notice. You’d be…
Don't File a Tax Return, Go to Jail? It Could Happen to This Police Commissioner
Don't File a Tax Return, Go to Jail? It Could Happen to This Police Commissioner. An SFS Tax Problem Solutions Blog. Baltimore Police Commissioner Darryl De Sousa is facing up to three years of jail…
Back Taxes Keeps This Candidate from Running for Office (and Other Ways Back Taxes Can Affect You)
Back Taxes Keeps This Candidate from Running for Office (and Other Ways Back Taxes Can Affect You). An SFS Tax Problem Solutions Blog. Kevin James (R) is still listed on the ballot in an East Cobb,…
Even Celebrities Have to Pay Their Back Taxes
It’s only fair, right? We working stiffs (or retired… hey, you’ve earned it) need to pay our taxes in full on time. The same rules apply to celebrities. The Internal Revenue Service doesn’t care who…
Best Steps to Take in Order to Avoid an Audit
The Best Steps to Take in Order to Avoid an Audit. An SFS Tax Problem Solutions Blog. No one wants to be audited by the IRS. But it happens. One of the top questions taxpayers consistently ask is…
