I Cannot Pay the Tax Reported on my Tax Return. Should I file?
In short, the answer is YES! In order to understand why you must file, it is important to grasp the penalties associated with failing to timely file. IRS Failure to File Tax Return Penalty The IRS’s...
View ArticleThe IRS is Killing Lauryn Hill Softly
I’m sorry Lauryn Hill, but even people that live “underground” pay taxes. I’m referring to Lauryn Hill’s excuse to not file her tax returns because she was claiming to live “underground.” You never...
View ArticleWhat to Do If You Get Audited… And Cannot Find Your Tax Files…
Help! I’m Getting Audited and Cannot I Find All of My Records! General speaking the IRS has three years to audit a tax return. It is not uncommon for the IRS to audit your return in the third and...
View ArticleBeanie Sigel Rapper Sentenced to 2 Years for Tax Evasion
Philadelphia rapper Beanie Sigel, born Dwight Grant, was sentenced to two years in federal prison stemming from charges that he failed to file income tax returns. The rapper began serving his sentence...
View ArticleDolce and Gabbana to go on Trial for Tax Evasion
In December, co-founders of the famous high fashion label Dolce & Gabbana will go on trial for tax evasion in their native Italy. Domenico Dolce and Stefano Gabbana are accused of selling their...
View ArticleThe 2012 Tax Filing Season is About to Begin for Some
Tax season is here. The IRS announced that it plans to begin processing 2012 individual income tax returns on January 30, 2013. Who Can File on January 30, 2013? According to News Release IR News...
View ArticleTax Headaches for Mary J. Blige
Unless there are dramatic drug or crime problems, no one capable of running a successful singing career fails to pay their taxes simply because they forgot. There has to be another reason. Mary J....
View ArticleDo You Have a NY Back Tax Problem? Resolve it or call a Cab
If you owe back taxes that exceed $10,000 in NY State, your driver’s license may be suspended. The New York State Department of Taxation and Finance is sending 16,000 suspension notices to delinquent...
View ArticleThousands of Tax Delinquents have Security Clearances
Thousands of people holding security clearances are also tax cheats — a major problem considering that financial troubles are frequently considered a threat to national security. The reason? The...
View ArticleOhio Lieutenant Governor Candidates Backs Out After Tax Questions Surface
As news broke by several Ohio newspapers that Lieutenant Government candidate Sen. Eric Kearney (D) and his wife owed significant back taxes to the Internal Revenue Service and to state taxing...
View ArticleOhio Lieutenant Governor Candidates Backs Out After Tax Questions Surface
As news broke by several Ohio newspapers that Lieutenant Government candidate Sen. Eric Kearney (D) and his wife owed significant back taxes to the Internal Revenue Service and to state taxing...
View ArticleOwe New Jersey Back Taxes? The NJ Division of Taxation Offers a Way to...
The New Jersey Division of Taxation has offered businesses and individuals a way to resolve back taxes from 2005 through 2013 at a reduced cost. The details of the plan are as follows: Most of the...
View ArticleMike ‘The Situation’ Sorrentino and Brother Marc Sorrentino Face IRS Tax...
Reality television personality from the Jersey Shore, Mike “The Situation” Sorrentino and his brother, Marc Sorrentino, are under arrest and are facing tax fraud charges because they did not properly...
View ArticleI Don’t Have All the Information Necessary to File My Return and I Owe Taxes
Around the tax deadline, people will call and ask the following questions: Should I file if I cannot pay the tax due on the return? Should I file if I don’t have all of my tax information? Should I...
View ArticleBeanie Sigel Rapper Sentenced to 2 Years for Tax Evasion
Philadelphia rapper Beanie Sigel, born Dwight Grant, was sentenced to two years in federal prison stemming from charges that he failed to file income tax returns. The rapper began serving his sentence...
View ArticleDolce and Gabbana to go on Trial for Tax Evasion
In December, co-founders of the famous high fashion label Dolce & Gabbana will go on trial for tax evasion in their native Italy. Domenico Dolce and Stefano Gabbana are accused of selling their...
View ArticleThe 2012 Tax Filing Season is About to Begin for Some
Tax season is here. The IRS announced that it plans to begin processing 2012 individual income tax returns on January 30, 2013. Who Can File on January 30, 2013? According to News Release IR News...
View ArticleTax Headaches for Mary J. Blige
Unless there are dramatic drug or crime problems, no one capable of running a successful singing career fails to pay their taxes simply because they forgot. There has to be another reason. Mary J....
View ArticleDo You Have a NY Back Tax Problem? Resolve it or call a Cab
If you owe back taxes that exceed $10,000 in NY State, your driver’s license may be suspended. The New York State Department of Taxation and Finance is sending 16,000 suspension notices to delinquent...
View ArticleThousands of Tax Delinquents have Security Clearances
Thousands of people holding security clearances are also tax cheats — a major problem considering that financial troubles are frequently considered a threat to national security. The reason? The...
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