Every month, we pick three of the most amusing convictions we find from Tax Court to share with our readers, but this month? HOLY COW! We wanted to share one WHOPPER of a fraud… The alleged mastermind of the scheme, … Read More
Tax Resolution
December’s Amusing Tax Convictions
Last month, we reported about a co-owner of several bars in Statesboro, Georgia (and former City Councilman) William Britt, who was convicted of tax evasion for manipulating the income of several bars he and others owned in the area. Well, … Read More
November’s Amusing Tax Convictions
Normally, we cover “true” tax crimes here, but let’s face it, there are a LOT of worries when it comes to how your data and information can be used for other’s profits. Case in point: Melvin Orellana of Rome, Georgia, … Read More
Where Are Those 87,000 IRS Agents?
Within days of the passing of the Inflation Reduction Act in August, the IRS, having received an estimated $80 billion windfall, put out the call for new agents. You might have seen the posts on social media – memes and … Read More
IRS Penalty Relief for 2019 and 2020
If you owe penalties for 2019 and/ or 2020 there is some good news for you. The IRS will be waiving those penalties and this will happen automatically. If you don’t receive a refund of penalties you paid nor letter … Read More
The Top Tax Scams of 2020
For years now, the IRS has keep a page open on its website called “The Dirty Dozen” and it’s simply a listing of the latest and most common tax scams used recently. Of course, we monitor that page as well … Read More
Amusing Tax Convictions; March
It hasn’t taken long for the fraudsters and dingbats to jump into new and exciting silliness for 2020. In fact, as we all know, when it comes to paying taxes, everyone is an expert on “legal.” Here’s a few folks … Read More
…And the Tax Scams are in FULL Swing…
Good Morning! For the last few weeks, I’ve been sharing a lot of financial “stuff” based on how so many people find themselves in hot water when it comes to money and spending. This week, though, as tax season is … Read More
Just How Good do The Jones’ Have It?
Good Morning, Everybody jokes about “keeping up with the Jones’” when it comes to the call of buying things for the sake of buying them – and going into deep debt for the sake of appearance – but why? We’ve … Read More
The Hidden Challenges of Using Your Home
Good Morning- A few weeks ago, I had a conversation with a client who was exploring the various options for using the equity in his home as a way to pay down some other debts. He and his wife had … Read More