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.
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…
Cannabis: Taxation Controversy & Confusion
Cannabis, Marijuana, Weed, Pot, Mary Jane - a rose by any other name is still a rose. No matter what you want to call it, the industry surrounding this drug faces many uphill battles. It does not…
Coming for Your Money: What the IRS Can (and Can't) Do to Collect a Tax Debt
As you will see, the IRS has a lot of power to collect a federal tax debt. As far-reaching and mighty as those powers may seem, they are not unlimited. What the IRS Can’t Do The IRS Can’t Put You in…
Stormy Daniel's Attorney's Firm Failed to Pay Back Tax Payment of Over $440,000, Could Face Legal Action by the Federal Government
A law firm tied to Stormy Daniel’s attorney is in hot water with the IRS over a missed back tax payment of over $440,000 that was due the week of May 14. Michael Avenatti “personally guaranteed” the…
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…
The IRS is Not Your Friend. Caution Needed.
The IRS is not your Friend. Caution Needed. An SFS Tax Problem Solutions Blog. Recently a man called my office who hadn’t filed taxes in over a decade. He said he wanted to go to his local IRS…