IRS Warns Taxpayers Against Misleading Social Media Tax Advice The IRS is cautioning taxpayers about the dangers of false tax advice circulating on social media platforms, which can lead to penalties, audits, and criminal charges. Key Focus: Misinformation and Consequences
CPA Faces Up to 31 Years in Prison for Falsifying Documents and Failing to File Tax Returns Timothy Trifilo, a D.C.-based accountant, has pleaded guilty to mortgage fraud and tax evasion, admitting to falsifying mortgage documents and failing to file
Vivid Inc. CEO Admits to Failing to Pay Employment Taxes John Comeau, CEO of Vivid Inc., has pleaded guilty to employment tax crimes, resulting in a $1.15 million loss to the IRS, highlighting the severe consequences of non-compliance with federal
IRS and Justice Department Victory: Shutting Down Illegal Tax Practices The IRS and the Department of Justice have secured a significant victory in their ongoing battle against tax fraud, with a federal court issuing a permanent injunction against a Texas
IRS Collection Efforts Thwarted by Concealed Assets A Virginia businessman has been sentenced to 78 months in prison for evading employment taxes, filing false tax returns, and obstructing IRS investigations. His actions led to a tax loss of over $1.5
Former Massachusetts Home Builder Concealed Over $1 Million in Income and Created Fake Documents A former Massachusetts home builder has pleaded guilty to conspiring to defraud the United States and creating false documents to assist a client in securing a
Fraudulent Tax Returns Caused $17 Million in Losses to the IRS An Arizona tax preparer pleaded guilty to preparing fraudulent tax returns as part of a nationwide abusive-trust tax shelter scheme. The scheme concealed more than $60 million in income,
New Hampshire Man Also Failed to File Personal Tax Returns A former CEO of a startup software company in New Hampshire admitted guilt in a payroll tax fraud scheme that defrauded the IRS of more than $14 million. The irresponsible
Irresponsible taxpayer Facilitated False Tax Deductions, Costing IRS Over $2.5 Million An Indianapolis Certified Public Accountant (CPA) has admitted to helping clients nationwide, including in Mississippi, file fraudulent tax returns. The scheme, centered around an illegal tax shelter, caused significant
Irresponsible taxpayer Concealed $2.8 Million in Income and Evaded IRS Detection A Georgia-based precious metals dealer has been sentenced to four years in prison for tax fraud, marking the culmination of a lengthy investigation into his financial misconduct. This case