Tax Attorney Advice: Don’t Avoid Taxes When Selling Tax-Avoidance Strategy!
You don’t have to be a tax attorney to follow the advice in the title! The IRS watches everyone, whether you know it or not, and if you are going to try to sell advice on how to conceal income from the IRS, then you might as well put a bulls eye on your head that reads “IRS Tax Cheat”! At Tax Resolution Services, we want to distinguish that we are a company that offers tax relief services, not tax-avoidance strategies! Certified Tax Resolution Specialists and tax attorneys are the backbone to our business and we have been resolving IRS problems and settling back taxes for more than a decade. If you are looking for tax relief services, call us! 1-866-IRS-PROBLEMS (1-866-477-7762). If you are looking for tax avoidance strategies, call the man in the article below – if you can find the number to his local federal prison!
A Huntington Beach, Calif., man who sold videotapes and books that promoted his strategy to use corporations to conceal personal income has pleaded guilty to using his corporations to hide income from federal tax authorities.
Dana Ray Reynolds pleaded guilty to two counts of subscribing to false tax returns for the years 2002 and 2003 and admitted that he failed to report more than $300,000 in income to the IRS in each of the years.
Reynolds, who promoted his tax-avoidance strategy through companies such as Repackaging America and Incorporating You used these companies to pay personal and family expenses. Reynolds also used the corporations to conceal assets, such as automobiles, recreational vehicles and at least one vacation home. Reynolds did not report the money taken from the corporations as income, causing tax losses of more than $80,000 to the IRS.
“To market his concealment and avoidance strategies, Mr. Reynolds highlighted his own elaborate lifestyle made possible by following the plans he developed. Now, Mr. Reynolds faces federal prison for having subscribed to false tax returns and his own misguided marketing,” said Leslie P. DeMarco, Special Agent in Charge of IRS Criminal Investigation’s Los Angeles Field Office, in a statement. Reynolds faces up to six years in prison.
Let Tax Resolution Services permanently solve your tax problems today!! We offer a free tax consultation, either by filling out the online form or calling 1-866-IRS-PROBLEMS.
More Tax Help, IRS News and Tax Relief Tips:
- No Help from Tax Attorney if Filing a False Federal Tax Return
- Tax Professional Recommendation: Settle Back Taxes with a Tax Expert in Lieu of Tax Evasion
- Classic Case of Tax Evasion: Under Reporting Income Gets Florida Man 51 Months in Prison
- Involved in an IRS Tax Audit? Tax Attorney Can Help Unless You Willingly Submitted False Tax Returns
- IRS Tax Audits Find Tax Cheats and Punishment in Tax Cases Are Harsh
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