Reducing employment tax fraud by third-party payers, professional employer organizations (PEOs), has been a federal initiative since 2014. A certification program was designed to require a PEO to notify the IRS of employers using their services. Yet as of March 31, 2017, only 123 PEOs had applied for certification. Our most […]
Category: Tax Fraud
Credit giant Equifax, one of the three main credit reporting agencies, recently revealed a massive data breach that occurred earlier in the year. Hackers got through the company’s electronic security protocols and into databases full of confidential information. Conservative estimates put the number of affected Americans at a staggering 143 […]
Accusations of tax evasion are very serious. Not only do they come with the social stigma associated with the word “evasion,” wherein others may think you were attempting to game the system to get out of paying your fair share, but they also could result in serious criminal penalties like: […]
This past week, news hit the airwaves about a former U.S. Tax Court judge who pleaded guilty to violation of federal tax law. This dramatic story speaks to every taxpayer with the message that anyone of any stature or with any level of education can potentially face criminal tax charges. It also […]