Posts Tagged ‘tax resolution services’

Tax Evasion Guilty Plea by Lawyer, Admits Hiding $1.5 Million

Saturday, October 29th, 2011

A Maryland attorney pleaded guilty to tax evasion and structuring financial transaction to avoid reporting $1.5 million.
Stanley Needleman, 68, of Pikesville, Md., is a criminal defense attorney, practicing law for more than 30 years in state and federal court. Clients made payments mostly in cash, which was kept in a large bank envelope. At the end of each business day, Needleman took the bank envelope with the day’s receipts home
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Failure to Pay Employment Taxes by South Carolina Company Owner

Friday, October 28th, 2011

The owner of a South Carolina construction company did not pay employment taxes.
Francisco De Leon Campa, 43, of Bluffton, S.C., pleaded guilty to one count of willfully failing to truthfully account for and pay over withholding taxes for the second quarter of 2007.
According to court records, Campa was the sole shareholder and registered agent of Francisco Campa General Carpentry. Campa had a duty to collect and pay to the IRS
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Reputable Tax Resolution Professionals Play by the Rules

Friday, October 28th, 2011

A recent press release cites the contribution I made to an article written by Tax Analysts Document Service, Tax Debt Representation Industry Continues to Act in the Shadows. The article was about the criticism lodged against the tax negotiation-resolution industry. In this article, I was quoted as an ethical industry expert, responding to the Federal Trade Commission’s (FTC) incorrect “one-size-fits-all” approach to regulations.
Certainly, there are some firms, whose questionable business practices
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IRS Problems for Independent Contractor Behind on Quarterly Estimated Taxes

Friday, October 28th, 2011

As an independent contractor, Sharon fell behind on her quarterly estimated taxes, resulting in penalties and back taxes totaling $93,000. When Sharon knew she would never be able to catch up she turned to Tax Resolution Services to help negotiate down her penalties, saving her around $70,000 dollars. You can listen to Sharon’s story below to hear how Tax Resolution Services helped her:
Tax Resolution Service Client Testimonial: Sharon

If you are
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Self Employed with Huge IRS Problems

Thursday, October 27th, 2011

As a self employed individual trying to make it, Sharon ran into huge IRS problems when she fell behind on her quarterly estimated tax payments. The penalties were horrific and in the end Sharon ended up owing around $93,000 dollars in back taxes and fines. That’s when Sharon decided to call Brian at Tax Resolution Services.  TRS stepped in to take over Sharon’s dealing with the IRS and we were
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Businessman Filed False Corporate Tax Return, Faces Prison Time

Wednesday, October 26th, 2011

John Joseph Bridge of Minnesota pleaded guilty to one count of filing a false return for his business, Fineline Lakeshore Inc. He admitted that he filed a false 2008 corporate tax return, specifically understating the amount of Fineline’s gross revenue by approximately $89,000. Bridge was one of three partners at Fineline and responsible for preparing the corporate tax return. He faces up to three years in prison.

Tax Cheater Warning: Odds Are Against You

Monday, October 24th, 2011

Between piercing the Swiss banking veil and deploying an algorithm to identify possible tax cheats, it’s never been a worse idea to be cheating on your taxes.
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$2.2 billion.
That’s how much the Internal Revenue Service has collected from people who participated in a 2009 program that offered amnesty to those who came forward and disclosed money held in foreign banks.
“This dollar figure will grow in the months ahead,” IRS Commissioner Doug
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Paying Off Tax Debt: There Are Options Available

Thursday, October 20th, 2011

Question: I’m really behind on my taxes, and now I’m getting letters from the IRS. I’m having trouble sleeping. I don’t know how I can pay this tax debt. I also have a mortgage and my daughter starts college next year. How can you help?

Answer: I know that feeling. I know what you’re thinking and why you’re worried. The reason for that is because I’ve had so many clients
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Owe State Back Taxes? Your Driving Privileges May Be in Jeopardy

Wednesday, October 19th, 2011

With states scrambling to generate more revenue to balance their budgets, California Governor Jerry Brown upped the ante by signing a bill on October 4th, 2011 that aggressively goes after the state’s top tax delinquent citizens by denying their driver’s license and publishing their names for public view.
Celebrities are not above the Hall of Shame —the state’s list of top tax debtors include  Halsey Minor, one of the founders
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Offer in Compromise-Know What it Means

Tuesday, October 18th, 2011

I wrote an article called How to Get Tax Relief through the IRS Offer in Compromise Program. The topics covered in the article covered the most frequently asked questions I often get in my practice:
-Who can file an Offer In Compromise?
-What are the requirements for an Offer in Compromise?
-Can penalties and interest be compromised under an Offer in Compromise?
-How likely is it that the IRS will accept an Offer in
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Deliberate Tax Evasion by Defense Attorney

Tuesday, October 18th, 2011

A New Jersey criminal defense attorney who has not filed a personal income tax return since 2000 admitted to committing tax crimes in connection with income he received from his law practice.
Francis Cutruzzula, 48, of River Vale, N.J., pleaded guilty to two counts of tax evasion and one count of failure to file a tax return.
A 1988 graduate of Seton Hall Law School, Cutruzzula was admitted to practice law in
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Failure to Pay Employee Tax Withholdings by Pastor

Sunday, October 16th, 2011

A Shaker Heights, Ohio, pastor was charged with six counts of willful failure to collect and pay taxes.
A criminal information alleges that Charles J. Matthews, 58, failed to pay at least $90,676 in income and FICA taxes that were withheld from employees at Cleveland’s Mount Sinai Baptist Church and Ministries from October 2005 to January 2007.
Matthews was the senior pastor at Mt. Sinai and oversaw financial affairs of the church.
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Filing False Tax Returns Lands Woman 33 Years in Prison

Friday, October 14th, 2011

A Flint, Mich., woman was sentenced to 33 month in prison for preparing and filing false income tax returns.
Following a five-day trial, Chandra Hicks was convicted of 37 counts of preparing and filing false tax returns. According to evidence presented at trial, Hicks operated a tax preparation service called Unlimited Prosperity Tax Service in Flint, Mich., from 2005 through 2009.
During that time period Hicks prepared 37 false tax returns by
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Tax Humor from Tax Resolution Services

Wednesday, October 12th, 2011

We take tax problems seriously, but sometimes a little comic relief is appropriate. We hope you enjoy this tax cartoon as much as we did!

Tax Evasion by Guilty County Council Member

Monday, October 10th, 2011

An Anne Arundel County, Md., council member pleaded guilty to failing to file a federal income tax return.
Daryl D. Jones, 47, of Severn, Md., also admitted that he failed to file personal income tax returns for four years and quarterly business payroll tax returns for six years.
Jones operated a law office and a tavern. From 2002 to 2007, Jones knowingly failed to file four personal income tax returns. He also
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