Actor Wesley Snipes, star of the “Blade” movie series, became a poster child for celebrity tax troubles in the 2000’s when he was convicted of willfully failing to file tax returns for 1999, 2000 and 2001.
The actor tried many arguments … Continue reading
The IRS charges a variety of penalties for different kinds of non-compliances. They typically will charge either a civil penalty or criminal penalty, depending upon the infraction. A civil penalty is only monetary while a criminal penalty can be monetary … Continue reading
Identify thieves have devised a bold way to steal people’s identities: right from their mailboxes. Criminals are stealing documents from mailboxes to commit tax and other financial crimes. This has been an unfortunate reality for many people who found out … Continue reading
When donating to a charity, it is vital to know that your donation reaches those who are in need. A legitimate charity can be identified in many ways. First of all, a legitimate charity is registered with the IRS. Asking … Continue reading
Some accountants file false tax returns with bogus tax deduction claims to help taxpayers reduce or eliminate their tax liability. They do it to make quick money, and it is not always the tax preparer that initiates the fraud. Many … Continue reading