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
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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
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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
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A FedEx pilot, charged with six counts of income tax evasion, pleaded guilty to one of those counts.
According to the indictment, Michael D. Mason, 51, of Cordova, Tenn., failed to file income tax returns for calendar years 2000 to 2004. Additionally, the indictment alleges that Mason failed to pay the IRS income tax due and owing and concealed or attempted to conceal his true and correct income from the IRS.
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Closing the $345 billion tax gap could help us cope with the proposed $700 billion bailout without costing Americans another dime. The last time the IRS estimated the tax gap was in 2001, and most tax experts agree that today’s figure is much greater, despite the agency’s push to increase tax compliance. Even though the IRS has spent several years aggressively taking action against tax cheats and tax promoters, what we are seeing today is a growing tax gap
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The IRS is becoming more and more aggressive with tax cheats. The agency will hunt you down, even in … Liechtenstein
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It’s March, and Tax Day nears.
It’s also time to heed some warnings: The Internal Revenue Service is searching far and high for tax cheats.
Literally far and high.
The U.S. government recently announced it was taking action against more than 100 U.S. taxpayers who used bank accounts in Liechtenstein to evade taxes
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