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Accusations of trying to pull the wool over the eyes of the U.S. government can come with potentially steep penalties. If individuals are accused of tax fraud, they could face lengthy court proceedings, during which they will undoubtedly try to defend against the...
Serving as a corporate officer comes with numerous responsibilities, but also comes with some perks. Unfortunately, someone serving in this capacity needs to be cautious not to inadvertently cross any lines that could draw the attention of the IRS. For instance, a...
There is nothing wrong with having a giving heart. In fact, some would say that more people need to give to charities that are struggling to meet demand on their services, especially during these uncertain times. One of the perks of charitable donations is that they...
During the formation of a Texas business, the owner or owners will have numerous decisions to make that will affect the business for at least the foreseeable future. For instance, decisions regarding taxes could have a significant impact on the future success of the...
Like other Texas business owners, you will need to decide which way to go when it comes to the individuals who work for you. If you think hiring independent contractors would work best for your company, you may want to do some research before committing to it. The IRS...
Like other Americans, some people who live here in Fort Worth want to protect the wealth they have, especially now in these uncertain times. They may consider moving their money into offshore accounts, but before doing so, they may want to understand the tax...
It is an unfortunate truth that, in Texas and elsewhere, some people will take advantage of a situation when they can. This may not necessarily be a bad thing when it comes to some circumstances. However, when it involves taxpayers, returns and refunds, it can result...
After spending time going through the audit or appeal process with the nation’s taxing authority, Texas residents may not receive the desired outcome. They may think they do not have any other options, but that may not be the case. In fact, it may be possible to take...
Allegations of wrongdoing can have a devastating effect on the lives of those facing the accusations. When this happens to individuals living here in Fort Worth, they could experience personal and professional ramifications that change their lives forever. For...
Many people here in Fort Worth and elsewhere make mathematical mistakes on their income tax returns. Those types of errors do not ordinarily trigger an IRS audit. Instead, oversights and overly deducting tend to bring a person’s tax return to the attention of the...
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