Recent Articles
Rolls-Royces and Nominees: Florida Businessman’s $1.7M Tax Evasion
Guilty plea reveals elaborate scheme to hide assets and mislead the IRS, facing years in prison. A Florida businessman, David Albert Fletcher, has pleaded guilty to evading $1.7 million in federal taxes by concealing income and filing false returns, highlighting...
IRS Targets Securities Attorney: Indictment for Tax Fraud and False Filings
California lawyer’s case underscores the government’s intensified efforts to prosecute tax evasion among high-earning professionals. A California attorney has been indicted on federal tax charges for allegedly evading taxes, filing false returns, and failing to file tax returns. The indictment,...
IRS Provides Tax Deadline Extension for West Virginia Disaster Areas
Affected individuals and businesses gain extra time to file and pay due to severe storms. The IRS has extended tax deadlines for individuals and businesses in six West Virginia counties affected by severe storms, providing them until Nov. 3, 2025,...
Doctor’s Double Fraud: Tax Evasion and Medicare Fraud
Illinois physician admits to $1.6M in tax losses and fraudulent Medicare claims, facing significant penalties. An Illinois doctor, Krishnaswami Sriram, has pleaded guilty to tax evasion and Medicare fraud, admitting to hiding assets and submitting false claims, resulting in significant...
R&D Tax Credit: New IRS Rules Demand CPA Expertise
Master Form 6765’s changes to protect clients and maximize innovation incentives. Recent IRS updates to Form 6765 introduce new reporting requirements for the R&D Tax Credit, demanding CPAs to adapt their compliance strategies. Key Focus: Compliance and Maximizing Tax Benefits...
Trump Administration Seeks IRS Data on Undocumented Taxpayers: What It Means
Government’s Move Raises Privacy and Deportation Concerns The Trump administration’s pursuit of IRS data on undocumented immigrants has sparked concerns over privacy, deportation risks, and economic impacts. Key Concerns: IRS-DHS Data Sharing: What’s Happening? The government is actively seeking taxpayer...