Blog Posts in May, 2011

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  • Tax Cheats with Foreign Accounts Get Caught
    Tax Cheats with Foreign Accounts Get Caught

    If you are hiding your money in foreign bank accounts in hopes of evading taxes, you had better fess up and consider the plight of these two convicted tax dodgers who got caught. Michael F. Schiavo, ...

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  • Sequoyah County Fulfills Tax Obligations
    Sequoyah County Fulfills Tax Obligations

    After being contacted by the IRS over unfiled reports and non-payment of June 2010 taxes, Sequoyah County has since filed the overdue reports and paid up the outstanding taxes. The reports concerned ...

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  • Foreign Tax Evaders Park Money in US Banks
    Foreign Tax Evaders Park Money in US Banks

    Even as the IRS wages war against offshore banks that solicit deposits from US citizens in attempts to evade paying taxes on them, US banks are playing the same game with foreign depositors. ‘Move ...

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  • IRS and Kabbalah
    IRS and Kabbalah

    The Kabbalah Center is the place where a form of religious practice is carried out, made famous by celebrities such as Madonna, Ashton Kutcher and now Gwyneth Paltrow. It has now attracted IRS ...

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  • IRS and Plain English
    IRS and Plain English

    Did you know the first thought some taxpayers get when they receive a letter from the IRS stating ‘notice to levy’ is, “Who’s Levy?” They mistakenly think it was wrongly sent to them and call in to ...

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  • Tax Happenings
    Tax Happenings

    In a routine review, the IRS is looking into $20 million in loans used by Almeda Corridor East Construction Authority since 2005. The review of the fund was randomly chosen. The IRS requested a large ...

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