News

What to do if you disagree with an audit

BBB of Acadiana warns of Baton Rouge company running corporate compliance scam.

"Tax Lady" Roni Lynn Deutch shuts her firm down...

Another “big” tax resolution company closes amid allegations.

On April 13th, 2011, ABC News ran a story exposing a National Tax Resolution Company's unethical business practices, taking clients' money and not representing them in the most professional way.

Tax Bankruptcy is a complicated legal topic that goes beyond the scope of a newsletter. However, we would like to share some basic issues that you need to understand if you're even considering bankruptcy as an option to relieve your tax debt.

One way to get out of IRS debt is to be declared "Currently Non-Collectible" (CNC) by the IRS. Note the term "Currently".... As the name implies, Currently Non-Collectible means the IRS considers that your current financial situation makes it impossible for you to pay your taxes and they determine that they cannot collect the money from you...at least not for now.

Every month I choose a very special Client of the Month. It's my way of acknowledging good friends and saying "thanks" to those who support me and my business with referrals, word of mouth and repeat business.

On April 8, 2009, in Houston, Texas, Carlos Garcia was sentenced to a year and one day in federal prison and ordered to pay $245,786 in restitution above the $700,000 already paid for filing false income tax returns for Taqueria Arandas No. 12 Inc., through which he operated a restaurant at 10403-A Gulf Freeway in Houston. Garcia pleaded guilty on October 24, 2008, admitting in pleadings filed that day that he had filed Corporate Income Tax Returns for Taqueria Arandas No. 12 Inc., for tax years 2001 through 2004 that under-reported sales by approximately $2,813,156.

On October 27, 2008, in Salt Lake City, Utah, David Roger Hemmert, was sentenced to 12 months and a day in prison and ordered to pay $134,614 in restitution for federal income tax evasion. Hemmert, owner and operator of Northwind Roofing, Inc. (Northwind), pleaded guilty in August 2008 to one count of tax evasion.