Posts Tagged ‘tax cheats’
Friday, May 8th, 2009
Obama proposed nearly doubling funds to enforce tax compliance and has asked Congress for a $400 million boost for IRS enforcement activities in fiscal year 2010, to support its goal of cracking down on offshore tax dodgers.
The additional $400 million is an increase of about 8% that would bring the total IRS enforcement budget to around $5.5 billion for FY 2010. By doubling the tax law enforcement budget, the White
Tags: Back Taxes, delinquent tax returns, delinquent taxes, income tax relief, IRS enforcement, IRS help, IRS levies, irs problems, Michael Rozbruch, offshore tax dodgers, tax attorney, tax cheats, tax compliance, tax enforcement, tax evasion, tax expert, tax gap, tax help, tax resolution, tax resolution expert, tax resolution services, unfiled tax returns
Posted in Tax news and tips | 1 Comment »
Thursday, April 23rd, 2009
When I was on the BigBiz Show with Russ and Sully ealier this month, we talked about what taxpayers should know about working with the IRS to solve their tax problems. We also talked about the tough economic times that we’re experiencing and how it’s not so much a Great Depression - but a Great Correction.
And as Sully pointed out, for many Americans, April 15th is not tax filing deadline,
Tags: Back Taxes, bank levy, bigbiz show, income tax relief, IRS collection tactics, IRS enforcement policy, IRS Payment Plans, Michael Rozbruch, tax advice, tax cheats, tax debt, tax delinquents, tax expert, tax gap, tax help, tax problems, Tax Relief Consultation, tax resolution, tax resolution expert, tax resolution services, unfiled tax returns, Working with the IRS
Posted in Tax news and tips, Working with the IRS | No Comments »
Tuesday, April 21st, 2009
I recently appeared as the tax expert on Financial Lifeline Radio with hosts Dave Harbison and John March.We talked about all the tax buzz this year. It’s almost become a cultural movement in this bad economy with everyone struggling with tax debt - we’re seeing all the tax tea parties and stimulus packages making headlines.
Not to mention, it seems like you must have tax problems to be nominated by the
Tags: bank levies, dave harbison, delinquent tax returns, economic stimulus, failing to file federal tax return, financial lifeline radio, IRS help, john march, Michael Rozbruch, stimulus PAYMENT, tax attorney, tax audits, tax cheats, tax debt, tax expert, tax help, tax problems, tax resolution, tax resolution expert, tax resolution services, tax tea parties, unfiled tax returns
Posted in Tax news and tips | 1 Comment »
Tuesday, April 21st, 2009
Victims of dishonest tax return preparers can end up in a world of tax trouble - it’s no wonder return preparer fraud made this year’s IRS Dirty Dozen list of common scams taxpayers should avoid. The promise of large refunds may be all too tempting in this challenging economy - but taxpayers should still choose their tax preparer wisely.
With IRS enforcement on the rise, struggling taxpayers do not want to
Tags: claiming false deductions, fraudulent returns, IRS dirty dozen, Michael Rozbruch, return preparer fraud, tax cheats, tax expert, tax resolution expert, Tax Scams, tax schemes
Posted in Tax news and tips | 2 Comments »
Tuesday, April 21st, 2009
A recent Los Angeles Times article examined the resentment that’s brewing among Americans who feel that there is a double standard applied to delinquent taxpayers, which appears to favor powerful people like recent Cabinet nominees.
The most highly criticized nominee has been Treasury Secretary Tim Geithner, who owed $34,000 in back taxes and didn’t pay all of it until Obama nominated him.
His excuse? Geithner told the committee that he prepared his
Tags: Back Taxes, delinquent tax returns, delinquent taxes, delinquent taxpayer, doug shulman, economic stimuls, failing to file federal tax return, IRS help, IRS problem solver, irs problems, IRS tax problems, Michael Rozbruch, small business taxes, tax attorney, tax cheats, tax expert, tax help, tax relief, tax resolution, tax resolution expert, tax resolution services, tax settlement, Tax Tips, Tom Daschle, wage garnishment
Posted in Tax news and tips | 2 Comments »
Friday, April 17th, 2009
I recently blogged about how frivolous arguments topped the IRS Dirty Dozen list of most common tax schemes. And in this bad economy, there will be more individuals maintaining frivolous arguments for not paying their taxes.
While many Americans were paying their taxes on April 15, there’s a group of citizens known as tax defiers, deniers or protesters who cite many different reasons refusing to pay their income taxes.
Their frivolous arguments
Tags: Back Taxes, delinquent tax returns, delinquent taxes, failing to file federal tax return, IRS enforcement, irs problems, Michael Rozbruch, tax cheats, tax defier, tax evasion, tax expert, tax help, tax resolution, tax resolution expert, tax resolution services, unfiled tax returns
Posted in Tax news and tips, Unfiled Returns - Delinquent Tax Returns | No Comments »
Tuesday, April 14th, 2009
Internal documents reveal IRS has made offshore tax evasion its highest-priority target; investigators will focus on unreported income
By Michael Rozbruch
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The memo sent to examination staff of the Internal Revenue Service was clear.
Investigators should make sure offshore tax cases “receive priority treatment.”
Indeed, internal documents released by the tax-collecting agency, coupled with public comments from IRS Commissioner Doug Shulman, leave little doubt the government will focus the brunt of its enforcement efforts
Tags: aggressive tax enforcement, amnesty to taxpayers hiding money overseas, doug shulman, evade income taxes, Free Tax Consultation, free tax relief consultation, hiding income, offshore bank accounts, offshore tax cases, offshore tax evasion, Swiss banks, tax cheats, tax evasion, UBS, unreported income
Posted in IRS Tax Cases, IRS Times and Inquirer, Seeking Professional Tax Help, Working with the IRS | 3 Comments »
Tuesday, April 14th, 2009
As I’ve mentioned before, average citizens are just as likely to get in tax trouble for tax evasion and filing false tax returns as high profile celebrities. And the individuals who assist tax cheats should also beware!
CCH (http://tax.cchgroup.com/) reports:
A federal district court determined the base offense level and appropriate sentencing enhancement of an individual convicted of aiding and assisting in the filing of materially false tax returns. The court based
Tags: filing false tax returns, tax cheats
Posted in IRS Tax Cases, Tax news and tips | No Comments »
Saturday, April 4th, 2009
In attempts to close the tax gap, the IRS is increasing tax compliance and aggressively taking action against tax cheats and tax promoters. As the tax gap grows, more Americans than ever will be facing audits and the IRS will be re-asserting it’s position on individuals who maintain frivolous arguments for not paying their taxes.
CCH (http://tax.cchgroup.com/) reports:
Sanctions were properly imposed on an individual who advanced a frivolous argument that he was not
Tags: Back Taxes, frivolous appeal, frivolous argumemt, IRS audits, IRS debt, IRS enforcement, IRS help, IRS problem solver, irs problems, IRS tax problems, Michael Rozbruch, tax attorney, tax audit, tax audits, tax cheat, tax cheats, tax compliance, tax evasion, tax expert, tax gap, tax help, tax promoters, tax protester, tax relief, tax resolution, tax resolution expert, tax resolution services
Posted in Tax news and tips | 1 Comment »
Tuesday, March 31st, 2009
Bloomberg News columnist John M. Berry makes some interesting points regarding President Obama’s new task force created to close the tax gap by focusing on closing loopholes, streamlining tax code and generating revenue.
“It may not accomplish much,” he says.
Highlights from the article include:
With April 15 fast approaching, stronger enforcement and a lot more resources for the Internal Revenue Service should head the administration’s to-do list.
The tax code could be undoubtedly
Tags: delinquent tax returns, employment taxes, IRS compliance, IRS enforcement, irs problems, Michael Rozbruch, small business taxes, tax cheats, tax evasion, tax expert, tax gap, tax help, tax relief, tax resolution, tax resolution expert, tax resolution services, unfiled tax returns
Posted in Tax news and tips | 1 Comment »
Monday, March 30th, 2009
In a blow to tax cheats, Switzerland’s largest bank agrees to divulge the names of those suspect of using offshore accounts to evade U.S. taxes
By Michael Rozbruch
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In the world of tax cheats, the news doesn’t get much bigger.
UBS, the largest bank in Switzerland, agreed to provide to the U.S. government with the names of those it suspects of using its accounts to evade paying taxes in the United States. The
Tags: doug shulman, Free Tax Consultation, John DiCicco, offshore accounts, offshore tax evasion, Swiss bank accounts, Swiss banking, tax cheats, tax evasion, tax problems, UBS
Posted in IRS Tax Cases, IRS Times and Inquirer | 1 Comment »
Wednesday, March 25th, 2009
I’ve blogged before about how closing the tax gap could help fund deficit reduction activities. And the White House is definitely searching for new tax revenues. Plans are underway to create a task force that will be looking to end corporate loopholes and bolster IRS enforcement.
The Wall Street Journal reports:
Mr. Obama’s budget proposal began the process of addressing problems such as the tax gap, the difference between taxes owed and
Tags: delinquent tax returns, IRS compliance, IRS enforcement, IRS help, IRS problem solver, IRS tax problems, Michael Rozbruch, tax cheats, tax expert, tax gap, tax help, tax relief, tax resolution, tax resolution expert, tax resolution services
Posted in Tax news and tips | 2 Comments »
Tuesday, March 10th, 2009
Listen to my interview with Mind Your Bizness Show host Danielle Hampson. On “Talk to the Tax Expert,” we discuss what to do if you find yourself in financial difficulty and can’t afford to pay your tax bill this year.
In 2009, we can expect more tax audits and IRS actions against tax cheats. It’s a remarkable statistic, but 50% of the American tax paying public either haven’t filed appropriate
Tags: 2009 tax return, Danielle Hampson, failure to file, IRS debt, IRS enforcement, IRS help, IRS problem solver, irs problems, IRS tax extension, IRS tax problems, Michael Rozbruch, Mind Your Bizness, tax audits, tax cheats, tax expert, tax extension, tax help, tax relief, tax resolution, tax resolution expert, tax resolution services, tax returns, Tax Tips
Posted in Tax news and tips | No Comments »
Saturday, December 20th, 2008
A revenue agent with the Internal Revenue Service has been arrested in connection with a scheme to defraud the government by claiming he suffered a loss when he sold his real estate when, in fact, he realized a substantial profit.
Jim H. Liu, 42, of Diamond Bar, Calif., is an IRS revenue agent who conducts audits of taxpayers. He was arrested at Los Angeles International Airport. Liu was indicted by a
Tags: filing false federal tax return, IRS audits, obstructing IRS investigation, tax cheats, tax evasion
Posted in IRS Tax Cases, IRS Times and Inquirer | No Comments »
Monday, November 10th, 2008
The trial date has been set for the “Dancing with the Stars” indy race car driver who was indicted last month on tax evasion charges involving “an offshore Panamanian shell corporation Seven Promotions to conceal and disguise the true and correct amount of Helio Castroneves’ income from the Internal Revenue Service.”
The Associated Press reports:
Race car driver Helio Castroneves will stand trial in March in Miami federal court on tax evasion
Tags: dancing with the stars, Helio Castroneves, tax cheats, tax evasion, tax fraud
Posted in Tax news and tips | No Comments »