Archive for November, 2007

For various reasons, I owe a substantial amount in back taxes. I’ve heard you talk about the Offer in Compromise program. How does it work, and how do I know if I am eligible to use it?

Saturday, November 10th, 2007

The Offer in Compromise program has a specific purpose for a specific taxpayer. To understand how it works and why it’s used, it can be helpful to understand the history.
For years, IRS agents spent countless man hours trying to track down deadbeat taxpayers and force them to cough up what they owe. Some taxpayers avoided the IRS because they didn’t want to pay. Others avoided the tax-collecting agency
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PENN. INMATE FILES $1 MILLION IN FRAUDULENT INCOME TAX RETURNS

Thursday, November 8th, 2007

Kevin William Small, 44, was sentenced to 150 months in prison for filing false returns. While an inmate in Pennsylvania, Small filed tax returns for years 2003, 2004 and 2005. He claimed tax refunds due to him of $5,027 for 2002, $603,107 for 2003, and $415,769 for 2004. The total loss to the United States would have been more than $1 million had he received the fraudulent refunds.

CASINO OWNER PLEADS GUILTY TO TAX EVASION

Wednesday, November 7th, 2007

Rene Medina, the owner of Lucky Chances Casino in Colma, Calif., pleaded guilty to three counts of tax evasion. Medina, 62, pleaded guilty to evading income taxes by paying more than $1 million in personal expenses from Lucky Chances’ business account. The payments were written off as ordinary and necessary business expenses. Medina has agreed to pay $591,083 in taxes owed and faces up to five years in prison and
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SLOT MACHINE BIZ YIELDS TAX EVASION PLEA FOR BUSINESSMAN

Tuesday, November 6th, 2007

Martin Jeff Dorf, 53, of Huber Heights, Ohio, pleaded guilty to one count of attempted income tax evasion. From 2001 to 2004, Dorf claimed his income totaled $56,876 when, in fact, he earned $574,147 during that time. The tax loss in this case was $155,000.According to a statement of facts filed with his plea, Dorf owned and operated several business, including SlotMachines USA and Diversity Products. He bought, refurbished and
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Temp. Employee Firm Owner Guilty of Tax Evasion

Monday, November 5th, 2007

Bruce Alexander Brown, the former owner of an employee-leasing business, Excell Personnel, Inc., pleaded guilty to one count of willful failure to account for and pay more than $300,000 in payroll taxes owed.Brown of Dallas, charged with various tax offenses in an 11-count indictment, acknowledged in his plea that he has outstanding obligations to the IRS for taxes owed by Excell Personnel as well as for his personal income taxes.
According
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NEBRASKA COUPLE CAUGHT EVADING TAXES

Sunday, November 4th, 2007

Andrew J. Olmer, 44, and Susan E. Olmer, 43, a married couple in Leigh, Neb., were sentenced on federal tax charges. Andrew Olmer was sentenced for tax evasion for the years the 1999 to 2002. Susan Olmer was sentenced for failure to file federal tax returns for the same tax years.Andrew Olmer received 10 months in prison and a fine of $3,000. After his release from prison, he will serve
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Texas Tax Protestor Convicted of Evasion

Saturday, November 3rd, 2007

A federal jury in Corpus Christi, Texas, found a tax protestor guilty of four counts of tax evasion from 2000 to 2004.The investigation of Dale F. Chastain began with an anonymous letter to IRS claiming the chemical company employee bragged to co-workers that he did not pay income taxes.
Chastain did not file income tax returns for the years 2000 to 2003 and fraudulently claimed an “exempt” status to his empoloyer.
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Man Imprisoned for Tax Evasion Scheme

Friday, November 2nd, 2007

A South Dakota man was sentenced to 30 months in prison for his role in selling and promoting a complicated scheme designed to conceal assets from the IRS.While he was employed as an agent for Aegis Corporation of Chicago, Kerwin Miller, 52, of Mitchell, S.D., marketed, sold and promoted the illegal tax scheme, which involved placing an individual’s assets and income in management companies and trusts in an effort to
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Broward Sheriff Guilty of Fraud, Tax Evasion

Thursday, November 1st, 2007

Ken Jenne, the sheriff of Broward County, Fla., and one of the most politically powerful men in the Sunshine State, has pleaded guilty to mail fraud and income tax evasion. He has also resigned as Broward’s top lawman.Court papers filed in United States District Court in Ft. Lauderdale describe Jenne’s scheme to enrich himself by obtaining money from two vendors who were doing business with the Broward County Sheriff’s Office.
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