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QUESTION: Some of my income is paid to me in cash. If I do not report all of it, will the penalty be a fine?
Answer: Whether you underreport some, most, or all of your income, the penalties are severe! Do not think that the IRS will fine you and that is it! The IRS will consider you a tax cheat and you will be guilty of tax evasion, even
When IRS agents contacted Gregory E. Pflum, 38, St. Marys, Kan., he responded by giving them materials supplied by lawyers and tax advisers who were part of a tax protester movement. Pflum challenged the tax system and told IRS officials he did not intend to pay income taxes.Now, Pflum has pleaded guilty to one count of attempting to evade income taxes by failing to file a tax return.
Pflum’s father, David
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News, commentary, insight, tips and humor from tax expert Michael Rozbruch
Michael Rozbruch is a Certified Tax Resolution Specialist, a member of the American Society of IRS Problem Solvers and a Maryland CPA.
If you find yourself in trouble with the IRS and need professional tax attorney and tax resolution services, call (888) 699-7630. Effective tax negotiation and representation means that your tax attorney, Certified Tax Resolution Specialist or CPA will take over all communications with the IRS, filing any delinquent tax returns to bring you to full IRS compliance while vigorously defending your rights as a taxpayer to permanently resolve your back taxes and IRS problems.
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