Posts Tagged ‘tax industry’

Trucking Company Owner Convicted of Tax Evasion Faces Severe IRS Penalties

Wednesday, August 12th, 2009

The owner of a Texas-based trucking company has been convicted of three counts of making false statements on tax returns filed for the company for tax years 2000 to 2002.
Gladys Nell Bishop is the president of Quality Trucking Inc. in Houston. Trial evidence proved Bishop set up an accounting system at the company and maintained checking accounts at two different banks but only reported checks deposited into one of the
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California Investor Failed to File Tax Returns and Report $15 Million in Capital Gains

Friday, July 17th, 2009

A California businessman pleaded guilty to not reporting $15 million in capital gains from the sale of real estate.
He was in the business of acquiring and renting real estate in the San Francisco area and elsewhere. In February 1998, the IRS requested copies of his individual income tax returns for the years 1990 to 1996, in addition to copies of tax returns for his corporation. He returned those notices to
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