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Monday, July 6th, 2009
The owner of a California healthcare-staffing business was sentenced to 18 months in prison after filing tax returns that failed to report more than $850,000 in income.
Nwadinaume Uba, 57, who was also fine $5,000 and ordered to pay $258,741 in restitution, pleaded guilty to three counts of filing false tax returns.
According to the plea agreement, Uba owned and operated TLC Prostaffing and Evergreen Health Care Connection — staffing businesses for nursing care facilities located in San Jose, Calif. On her 2001, 2002 and 2003 personal income tax returns, Uba admitted that she omitted a significant amount of gross receipts on her Schedule C (Profit of Loss from Business).
Cheating on taxes is not the way the IRS game works! We can help you with your tax problems – just read our Tax Help Testimonials and look at our tax relief success rate – $0.13 on the dollar! Our tax attorneys and IRS specialists can help solve you tax problems today! Call Tax Resolution Services at 1-866-IRS-PROBLEMS (1-866-477-7762).
Tags: filing false federal tax return, omit information on schedule C, solve tax problem, tax attorney, tax cheat, tax evasion, tax help, tax problem solver, tax relief, tax relief success rate, tax resolution reviews, tax resolution services reviews
Posted in IRS Tax Cases, IRS Times and Inquirer | 1 Comment »
Monday, June 29th, 2009
Terry Bowling, 62, of Huntington, W.V., was sentenced to one year and a day in prison. He was also ordered to pay in excess of $386,000 in restitution to the IRS.
Bowling, the owner and operator of several businesses, pleaded guilty to a two-count information charging him with the evasion of personal income taxes and federal employment taxes.
Bowling acknowledged his taxable income from 2002 to 2006 was approximately $368,000. However, because of his failure to file personal tax returns, he failed to pay more than $77,000 in taxes due and owing to the IRS.
Whether you are in W. Virginia or any of the other 49 states, Tax Resolution Services can help you find tax relief. You won’t get away with tax evasion! But you may find tax relief with our team of tax attorneys and IRS specialists. Tax Resolution Services has a tax relief success rate of 90%, an Offer in Compromise rate of $0.13 to the dollar!
Tags: IRS specialist, Offer in Compromise, tax attorney, tax cheat, tax evasion, tax help, tax relief success rate, tax resolution services, w. virginia tax relief
Posted in IRS Tax Cases, IRS Times and Inquirer, Offers in Compromise | No Comments »
Monday, June 29th, 2009
Bernard Madoff was sentenced to 150 years in prison today. According to MSNBC, the disgraced investor received the maximum sentence for his massive Ponzi scheme and apologized to victims for the multibillion-dollar fraud scheme that the judge called “extraordinarily evil.” An investigation has found that in reality, Madoff never made any investments, instead using the money from new investors to pay returns to existing clients — and to finance a lavish lifestyle for his family.
Victims of the $50 billion scam include banking institutions, various charities and a long list of celebrities including Steven Spielberg. While it’s one of the biggest Ponzi schemes in the history of Wall Street, many people may not be aware that victims of investment fraud can take advantage of tax benefits that can help them recover their financial losses.
I handle IRS cases for victims of investment fraud – including those scammed by Madoff’s Ponzi scheme. Taxpayers can recover 30-40% of their losses by filing tax theft loss deductions. To qualify for this IRS tax break, fraud victims but will need to go back and amend their tax returns to recoup their losses. And although the IRS has released Safe Harbor Guidelines to help taxpayers recoup their financial losses, they will still need a specialized investment fraud help to successfully navigate the complicated and highly technical tax code.
**For more advice and information on investment fraud representation, visit the Tax Resolution Services web site for a free tax relief consultation or call 866-IRS-PROBLEMS.
Tags: Bernard Madoff, Bernie Madoff, investment fraud help, investment fraud representation, irs problems, IRS safe harbor guidelines, Michael Rozbruch, ponzi scheme, tax attorney, tax expert, tax help, tax resolution services, theft loss deductions
Posted in Tax news and tips, Working with the IRS | No Comments »
Sunday, May 24th, 2009
Glenn E. Lockwood, 61, of Kenai, Alaska, was sentenced to five years in prison for his conviction on four counts of tax evasion. In addition to prison, Lockwood was ordered to pay a $10,000 criminal fine and an additional $42,000 for the costs of prosecution.
According to court records, Lockwood was a practicing dentist who owned the Kenai Dental Clinic and attempted to evade more than $575,000 in federal income taxes for the years 2000 to 2003. As set forth in the indictment, Lockwood improperly leased his professional services to an Irish entity, which leased his services to a Nevada company, which in turn leased Lockwood’s services back to his professional corporation, Glenn E. Lockwood, DDS, PC.
The evidence presented at trial established that Lockwood used nominees, offshore accounts and a sham trust to disguise his interest in assets. He hid his money offshore, funneling it through Ireland and the Caribbean island of Nevis and the Bahamas.
Evidence at trial also showed that Lockwood deducted practically every expense in his life from the relatively little income he did report, including deducting expenses to massage parlors as “continuing education.”
Tax evasion is not the answer! Sign up now for your free tax consultation and learn about tax relief and other tax services by out tax attorneys and IRS experts. Or call our Tax Resolution office at 1-866-IRS-PROBLEMS.
Tags: Free Tax Consultation, hiding assets from IRS, offshore accounts, tax attorney, tax cheat, tax deductions, tax evasion, tax relief, tax resolution
Posted in IRS Tax Cases, IRS Times and Inquirer | No Comments »
Saturday, May 23rd, 2009
Lee B. Woodbury, 51, of Gilbert, Ariz., was sentenced to 18 months in prison and ordered to pay restitution of $97,232 after pleading guilty to willfully filing a false tax return. Until contacted by the IRS Criminal Investigation Division, Woodbury had not filed returns for tax years 1998 to 2001. He later under reported his income in returns. In total, the tax loss as a result of Woodbury’s willfully filing false tax returns was $35,633.
Tax evasion is one of my most popular topics to blog about. Time and again, people evade taxes and always seem to get caught. Get a handle on your taxes – we at Tax Resolution offer our tax expert services. We are tax attorneys and IRS specialists and can help you handle your taxes! Call us at 1-866-IRS-PROBLEMS to set up a free tax consultation.
Tags: evading taxes, filing false federal tax return, filing false tax return, Free Tax Consultation, tax attorney, tax cheat, tax consultation, tax evasion, tax resolution, tax resolution services, tax specialist, underreported income, willfully filing a false tax return
Posted in IRS Tax Cases, IRS Times and Inquirer | No Comments »
Wednesday, April 22nd, 2009
A San Antonio, Texas, woman was sentenced to 41 months in federal prison and ordered to pay $1.5 million in restitution to the IRS for her role in a fraudulent tax scheme.
In addition to the prison term, United States District Judge Fred Biery ordered that Terrell Diamond be placed under supervised release for a period of three years after completing her prison term.
According to court records, Diamond, along with her now-ex-husband and co-defendant, William Diamond, conspired to defraud the IRS in the assessment and collection of more than $1.5 million in employment taxes due and owing from November 1996 to June 2003.
The employment taxes owed pertained to temporary employment agencies owned and operated by the Diamonds, including Ameriforce and Primo Labor.
On April 24, 2008, Diamond pleaded guilty to one count of conspiracy to defraud the IRS. William Diamond pleaded guilty to the same charge on February 29, 2008. William, who faces up to five years in federal prison, is scheduled to be sentenced in May.
Tax conspiracies are happening on small and large scales. I’ve blogged about the Ponzi Scheme – a large scale tax conspiracy. Don’t get caught up in tax problems! Tax Resolution Services is the leading tax negotiation and mediation firm – call us at 1-866-IRS-PROBLEMS for a free tax consultation.
Tags: conspiracy to defraud IRS, fraudulent tax scheme, ponzi scheme, San Antonio fraudulent tax scheme, Tax Conspiracy, tax fraud
Posted in IRS Tax Cases, IRS Times and Inquirer | No Comments »
Tuesday, March 31st, 2009
Sharon Brown-Acklin, 36, of Hamilton, Ala., was sentenced to 12 months and one day in prison for 27 counts of preparing false tax returns. In addition, Brown-Acklin will serve one year of supervised release and was ordered to pay $79,832 in restitution to the IRS. Brown-Acklin’s use of false information, including filing status and inflated deductions, resulted in $252,123 of improperly claimed deductions and exemptions.
I’ve blogged about tax evasion before. If you feel like you are in a tax bind, our tax attorneys and IRS specialists may be able to help you. Contact us at 1-866-477-7762 or fill out a free consultation form online.
Tags: filing false tax returns, preparing false tax returns, tax cheat, tax evasion
Posted in IRS Tax Cases, IRS Times and Inquirer | No Comments »
Tuesday, March 24th, 2009
Richard Blanchard, 52, of Warren, Mich., was sentenced to 22 months in prison and ordered to pay $195,000 in restitution to the IRS.
In August 2007, a federal jury convicted Blanchard on 18 counts of failure to account for and pay over employee withholding taxes.
From 1997 to 2003, Blanchard operated R. Blanchard Construction Company, which provided excavation and snow removal services. He withheld $195,000 in taxes but failed to pay the money to the IRS.
If you owe lots of money to the IRS, there are ways we can help before getting a prison sentence! One way is through the Offer in Compromise program which has worked for many of my clients!
Tags: failed to pay IRS withheld taxes, tax cheat, tax evasion, withholding taxes
Posted in IRS Tax Cases, IRS Times and Inquirer | No Comments »
Tuesday, March 10th, 2009
Shirley G. Graybill, 72, of North Haven, Conn., was sentenced to two years of probation — the first four months of which she must spend in home confinement — after pleading guilty to one count of making and subscribing to a false 2002 tax return.
According to court records, the Triple Diamond Foundation was an entity created by Graybill and her husband, Dale L. Graybill, purportedly to fund cancer research — but which did not have tax-exempt status from the IRS. The Graybills controlled the Triple Diamond Foundation and its bank account. During the 2002 tax year, the Graybills transferred about $350,000 from the Triple Diamond Foundation account, used those funds as income, and failed to pay about $93,293 in federal taxes.
On October 13, 2003, Graybill filed a tax return with the IRS in which she failed to claim her actual taxable income, which was approximately $316,519.79.
The Graybills also must pay $93,293 to the Internal Revenue Service. In addition, Dale Graybill was sentenced to 48 months in prison following his conviction on one count of mail fraud stemming from his operation of a multimillion-dollar Ponzi scheme in which he solicited investments for fictitious investment programs.
Tags: failing to pay federal taxes, failure to pay taxes, filing false tax return, Ponzi, ponzi scheme, tax cheat, tax evasion
Posted in IRS Tax Cases, IRS Times and Inquirer | 1 Comment »
Friday, February 20th, 2009
Thoeun Chan, 52, of Germantown, Tenn., was sentenced to eight months in prison and ordered to pay $207,142.30 in restitution following his guilty plea for tax evasion. Chan, owner of Handiworks Jewelry and Winchester Pawn and Jewelry in Memphis, admitted he failed to report about $274,875 in income for 2001 and about $277,277 in income for 2002. These false returns resulted in a tax loss of approximately $207,142.30.
Tags: avoiding taxes, Failing to report income, filing false federal tax return, tax cheat, tax evasion
Posted in IRS Tax Cases, IRS Times and Inquirer | No Comments »
Tuesday, February 17th, 2009
A financial services consultant based in Memphis pleaded guilty in New York to conspiracy to defraud the IRS in connection with tax shelters marketed by the accounting firm Ernst & Young.
According to the information filed in Manhattan federal court and statements made during the guilty plea, 46-year-old Charles Bolton, from 1998 to 2002, was involved with an E&Y group, known initially as “VIPER” for “Value Ideas Produce Extraordinary Results,” and later as “SISG” for “Strategic Individual Solutions Group,” that designed, marketed and implemented high-fee tax strategies, including tax shelters that purported to eliminate, reduce or defer taxes on significant income or gains. The shelters purported to allow wealthy individuals to pay a percentage of their income in fees to E&Y, Bolton’s companies, and other participants in the transactions, rather than paying taxes to the IRS.
The two shelters the Bolton companies implemented, known as Contingent Deferred Swap and CDS Add-On, involved financial trades that were implemented and overseen by the Bolton companies and other entities. Bolton himself made millions of dollars from his involvement in the shelter transactions and ownership of the related companies.
Bolton faces up to five years in prison and will be sentenced in April.
Tags: avoid paying taxes to IRS, tax cheat, tax fraud, tax shelter, tax shelters, tax strategies to defer taxes
Posted in IRS Tax Cases, IRS Times and Inquirer | No Comments »
Sunday, February 15th, 2009
A Tennessee man, in pleading guilty to tax charges, told the court he owes the federal government more than $300,000.
Charles Grecco, 44, of Franklin, Tenn., was sentenced to serve 6 months in prison after pleading guilty to two counts of failure to pay taxes to the United States.
According to the government, Grecco failed to pay more than $67,000 in federal income taxes for years 2001 and 2002. During the plea hearing, Grecco admitted that, while operating the business Sterling Group Audio, he did not make estimated tax payments as required by law. Grecco’s business consisted primarily of installing complex sound systems in church auditoriums across the United States.
The investigation revealed Grecco lived a lavish lifestyle during the time that he failed to pay his tax liabilities. His personal expenditures during that time included Lasik eye surgery, elective plastic surgery, generous church donations, dance lessons, home-school tuition, several luxury vehicles, two expensive homes and a vacant lot.
Grecco admitted that as of May 17, 2007, he owed more than $300,000 in taxes, penalties and interest for tax years 2000 to 2005.
Tags: fail to pay taxes, failing to file tax returns, tax charges, tax cheat, tax evasion
Posted in IRS Tax Cases, IRS Times and Inquirer | No Comments »
Wednesday, February 4th, 2009
In Wilmington, N.C., four women were sentenced for their involvement in a tax fraud scheme.
Pamela D. Evans, 33, received 15 months in prison; Bertha Battle, 28, received 15 months in prison; Tasha Battle, 28, received 180 days of home confinement with electronic monitoring; and Gwendolyn P. Evans, 49, received one month in prison and up to 150 days of home confinement with electronic monitoring.
All four pleaded guilty to conspiring to defraud the government and filing false claims.
From January 2004 to April 2004, according to the indictment, the four defendants, while employees of Independent Tax Service in Rocky Mount, N.C., made claims for refunds from the IRS by filing or causing others to file false 2003 federal income tax returns.
The four women inflated wages and/or withholdings and listed false dependants and/or false dependant information to qualify clients for the earned income credit in IRS Forms 1040 and 1040A individual tax returns. They also allegedly sold fraudulent dependent information to some clients so they would qualify for a larger refund and claimed education credits for clients who were not entitled.
Tags: false tax claim, filing false federal tax return, filing false tax claims, filing false tax returns, tax cheat, tax fraud
Posted in IRS Tax Cases, IRS Times and Inquirer | No Comments »
Thursday, January 29th, 2009
Melvin Buckley, 77, of Gothenburg, Neb., was fined $30,000 and sentenced to five years of probation for filing a false income tax return for the year 2001. Buckley was charged with filing a false income tax return for 2001 by reporting sales of livestock from his ranch business which he reported to be $191,441 when, in fact, the sales were determined to be approximately $393,142.
Tags: filing false federal tax return, filing false tax return, tax cheat, tax trouble, underreporting income tax
Posted in IRS Tax Cases, IRS Times and Inquirer | No Comments »
Thursday, January 15th, 2009
You read in newspapers about big-name celebrities caught violating U.S. tax law. But beware: You’re at risk too.
By Michael Rozbruch
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Celebrity lands in tax trouble.
That story always finds a way into your newspaper or your favorite news website.
After all, who hasn’t read about Brazilian race-car driver and “Dancing with the Stars” winner Helio Castroneves?
The 33-year-old faces trial in Miami on charges he failed to report $5.5 million in income from 1999 to 2004.
That’s news — a good topic for the water cooler.
But celebrities such as Castroneves are simply individuals among the thousands of people who land in trouble with the IRS every year.
You read about folks like Castroneves, but it’s important to remember there thousands of folks just like you who face life-changing charges because they decided to cheat a little on their taxes.
Average people are having tax troubles and facing prosecution, even prison time time, nationwide.
For example:
• Las Vegas attorney Mark A. Lobello will spend the next 15 months in a federal prison for trying to avoid paying $140,000 in income taxes.
• Thomas Rikki Farr, 66, of Scottsdale, Ariz., was a businessman whose clients were in Hong Kong. He has three months on Lobello, after having been sentenced to 18 months in prison after evading hundreds of thousands of dollars in taxes.
• Thomas B. Parker, 64, and his wife Margaret A. Parker, 65, of Vidor, Texas, could spend three of their next retirement years behind bars. A jury found them guilty of evading more than $100,000 in taxes.
You read all about Castroneves. But you didn’t read about these people, did you?
And don’t be fooled: It’s not just the people who evade six figures or more who get caught.
The small-timers are also facing prosecution. Every year, hundreds of middle class people across the country are indicted for filing a false tax return.
Now that we’re in 2009, the IRS’s aggressive enforcement policies are unlikely to change. In fact, they are likely to become more aggressive.
Take, for example, what IRS Commissioner Douglas Shulman said of enforcement during a recent speech.
“Think of a detective working a case who may employ everything from eyewitness accounts, physical evidence, paper trails and the cooperation of law enforcement officials in other states,” Shulman said. “That’s similar to what we’re doing with the following tools (of enforcement).”
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Michael Rozbruch is a Certified Tax Resolution Specialist, a member of the American Society of IRS Problem Solvers and a Maryland CPA. You can contact him at 866-477-7762 to obtain a free subscription to his newsletter titled The IRS Times & Inquirer. Vist the Tax Resolution website for a free tax consultation.
Tags: Douglas Shulman, filing false tax return, IRS enforcement policies, IRS enforcement policy, Michael Rozbruch, tax evasion, tax troubles
Posted in IRS Tax Cases, IRS Times and Inquirer | 5 Comments »
