A Texas woman recently landed herself in double trouble with the law. First she was found guilty of embezzling funds from her employer, McLean Orthopedics of Nacogdoches, where she worked as an office manager. She was employed there for about 10 years. Then she entered a guilty plea to one […]
Successful entrepreneurs are gifted at growing a business, but they are not always knowledgeable in how to handle money correctly. That lack of expertise can lead to mistakes and problems with tax authorities. When tax avoidance is discovered, whether it was done by mistake or intentionally, years of hard work […]
Whether by mistake or on purpose, failure to report income tax can lead to severe legal consequences. Recently, an accounting supervisor in Texas received a sentence of 18 months in federal prison for embezzlement and tax evasion. According to a Star-Telegram news report, a 50-year-old woman from Fort Worth, Texas […]
A recent warning from the IRS is prompting taxpayers to voluntarily admit if they’ve been hiding income in a foreign bank. According to a news report in the Laredo Sun in Texas, new reporting requirements concerning foreign accounts will become a part of tax law over the course of the […]
In an ironic turn of events, Texas Rangers engaged in an investigation of a McLennan County Tax Assessor-Collector. The county employee was accused of fraudulently avoiding sales tax payments. The investigation occurred due to the prompting of a McLennan County District Attorney, following allegations brought up in an audit. The […]
IRS agents working in Fort Worth and throughout our country become involved in many different types of investigations. The underpinning, however, is usually a suspected violation of the Internal Revenue Code. It’s what got Al Capone in trouble in the 1930’s. They couldn’t nail the mobster for bootlegging and other […]
Facing federal tax evasion charges is intimidating, here in Texas or anyplace throughout our country. Whether or not the intent was to shortchange the government, the mere allegation of wrongdoing can be life altering. An individual is left defending a claim brought against him or her with the full thrust […]
A federal investigation into the personal and political dealings of Dallas County commissioner John Wiley Price and his associates has gone public, and may have taken a step closer to the filing of formal charges, as witnesses began appearing before a federal grand jury as part of what promises to […]
The Internal Revenue Service issued new guidelines in early June regarding its voluntary disclosure program to mitigate penalties for failing to report income in Swiss bank accounts and other offshore locations to avoid tax liability. Some U.S. taxpayers will have 90 days beyond the August 31, 2011, deadline to disclose […]
Texas IRS Tax Attorney Every year, the Criminal Investigations Division of the IRS sets goals for the number of criminal tax investigations it will complete and the rate of conviction it wants to achieve. In recent years, the IRS has stepped up its enforcement efforts, driven by policies that emphasize […]