Do you think that only celebrities get targeted for tax evasion?  Not true! The IRS will come after you – famous or not – if you are cheating on your taxes, especially if you are making millions.  I’ve blogged about how the IRS is zooming in on tax cheats in the millionaire category and the following article supports that case:
A Colorado loan preparer has pleaded guilty to tax evasion, admitting
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Failure to file tax returns can be a criminal offense.  What most people don’t know is that you have a right to file your original tax return, no matter how late it is.  Delinquent tax filing gives the consumer a chance to state what they owe to the IRS.  Another fact that most people don’t know is that if you don’t file your tax return, the IRS will often file
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Under reporting income is a serious crime.  It is also known as tax evasion and when the IRS catches up to you, you will pay, and not just a fine!  If you’ve under reported income and want to come clean with the IRS, there is no time better than today.  Tax Resolution Services has tax attorneys and Certified Tax Resolution Specialists that can help you sort through your taxes and
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Some people are just straight up tax cheats.  The Wyoming man in the story below blatantly evaded his taxes doing things such as underreporting income and filing false tax returns.  Subsequently he was sentenced to prison time and left with a hefty fine – all of which he deserves.  For those who find themselves in tax debt, not because they were purposely cheating on taxes but because of other extraordinary
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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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Whether or not you are legally obligated to report tip as income has been somewhat of a fuzzy area (especially cash tips!). Skimping on reporting your full tip (100% of your tip retained) is considered deliberately underreporting income and may be subject to severe IRS audits and penalties.
If you made more than $20 in tips in any one month, you will have to report the full amount of the tip
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A commercial real estate agent in Florida has been charged with tax evasion. The government alleges Thomas W. Daugherty, 53, of Fort Myers, evaded paying approximately $1.6 million in taxes from 1998 to 2005.
According to the government, Daugherty maintained a cash lifestyle to hide his earnings. He  refrained from depositing his commission checks into his bank account and instead converted his commission checks into cash and multiple cashier’s checks payable
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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
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